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Now that Opendoor is a public company we are seeing more information about their business strategy and overall financial metrics. The company flipped roughly 18k homes in 2019 and pretty much broke even doing so. The ...
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One of my preferred phrases is "Let Painters, paint." Guided by this principle, I delegate most tasks to skilled professionals to ensure efficiency. I currently outsource to a full service property manager who excels ...
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House is over 100 years old. Heating bills in winter are around 650 month with electric heat left at 65 degrees and only 1300 square feet. rent is 1100 month. Would you insulate the house or not? Attic not insulated ...
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I have a duplex that has two really old gas furnaces that are about to die on me. Instead of dropping $6000 on two new ones, I have contemplated replacing the heating with baseboard electric heat throughout. This plac...
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In my town I have an opportunity to purchase a piece of commercial property. It is currently rented to an established business that tends to be stable and itself is part of a larger privately owned chain of stores.
I...
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I have spent a lot of time on this area in the last few years. We manage larger apartment communities that range from C to A class market rate apartment or mixed use buildings with most properties being over 50 unit...
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To all investors and property managers:I own a 12 unit apartment building in a working class, C area, blue collar neighborhood. Been managing the property and its tenants for 8months. So the back story is I inherite...
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I am in the process of buying a property with a 30,000 sq ft lot. I would like to subdivide the lot and possibly turn it into three lots that I can prepare building pads for. I am going to rehab the house that is on...
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In my limited experience as a landlord, this is the first time I've come across this situation, so I was hoping to get some feedback/advice from other landlords...
One of my tenants just called my property manager to...
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I just purchased my first investment property, a 12 unit (1 bed efficiency), for $412,000 with monthly gross rents of $5785. There was fierce competition on the property, which is justified because the most conservat...