Hello All,I am purchasing my very first rental. I am excited and I am sure I will have more questions in the near future for you seasoned landlords. The house that I am buying currently does not have a sprinkler sys...
Hi Folks,We are just starting out in RE investing, and have been trying to educate ourselves using BP podcasts and forums. Were from Calgary AB but are very interested in the US market, particularly in Dallas, Atlanta...
Hello everyone, I'm just wondering what bookkeeping software everyone uses? I'm only going to be using it for three single family, long term rentals. Thanks for any suggestions!
When you have a Property LLC owned by a single member Holding LLC, how do you obtain an EIN# for it? Do you apply for the EIN# using your SSN as the member and owner of the Holding LLC or you obtain it by using the H...
Hello,I am finished with my first rehab and the home is now under contract. Thankfully, we will make some profit but I have learned something about contractors: they always OVERpromise, and they UNDERdeliver.In our sp...
Hi all,It seems some property managers look to charge one months rent to find a tenant, on top of the 10% of rent collected. Is that normal? It seems that a property manager should be incentivised to keep tenants long...
My property in MD is turning over to a new tenant. My PM sent me a quote that gave me a small heart attack. Upon further inspection, I quickly recognized that the times they were allocating for various tasks were gros...
I’m working on building a property management company in Boston that truly solves real problems for owners and tenants, and I’d love your insights. Here’s the big question: Is property management all about profit, or ...
Recently a few business partners and I invested in a 16 unit apartment complex in Phoenix, Arizona. We were given rent roll for 4 months prior to purchase that showed 15/16 units filled with paying tenants. The P&...