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I have a unit that is paying significantly below market rent. Let's say $800 in a $1000 market price area. I have it raised for $25 on 1/1.
There was a huge cost recently.
I want to raise it another $50 on 2/1. No...
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How many out there are using automated pricing tools (BeyondPricing, PriceLabs, etc) for automating your STR prices? How many of you have continued to use them through the current pandemic? Other than the obvious twea...
My current lenders for a primary residence I am purchasing is requiring 12 months of escrow UP FRONT AT CLOSING for taxes and insurance PLUS the normal contribution going forward.I have a shortsale on credit report da...
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Recently we purchased a 9 unit apartment building from the bank. The bank had very little documentation pertaining to the old leases for the current tenants. I didn't mind buying the property without the leases becau...
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I have to vent. Section 8 is not GUARANTEED MONEY. IT is not a cure all Panacea. It does not always pay more than market rent.1. Tenants pay 30% of their adjusted income. They still have a monthly payment. They ofte...
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One of my 1 bed 1 bath that I just changed from an old 20 gallon water heater the previous owner installed to a new 30 gallon low boy. Its in the closet so there isn't much room for more.Prior to the water heater cha...
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I have been reading all the blogs and posts within this site as well as books others have recommended. Amazing amount of information! We are busy getting our first rental SFH ready and I am behind on my formal introd...
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What is the better software for managing rental houses. Quicken Rental Management or Quickbooks Pro 2016. I did see there is a small forum on this, but I still cannot make a decision. Any further help on this would be...
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Pretty Pumped. Just completed my first rehab. Learned a lot and looking forward to moving onto the next one. Before & After:
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Hi all,I am working on my first multifamily deal and would appreciate any advice you can offer. I have experience owning and operating other forms of RE (SFH, Industrial) but have decided I'd like to go the multifamil...