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Hi everyone,I’m about to close my first investment property. The current owner has an on-site manager to help him taking care the property. The manager is responsible for maintenance, lawn, cleaning and some other mis...
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Hi everyone!I'm looking to purchase my first rental property via live in house hacking and renting out the other unit of a two family in Lakewood, OH. Down unit is 2/1, and the upper is 3/1. I haven't seen the propert...
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Wanted to get some tips on buying a multifamily as my first investment property.I would like to live in half and rent out the other half.What would be the better way to go about this?FHA loan on a already fixed up pro...
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I am new to the Memphis market and am looking to call up a few property managers. What are some unique questions to asks property managers. When I first started talking with property managers, I asked the typical ques...
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Hi Forum, I'm about to close on my first STR and plan on materially participating >100 hours this year as I'll be working on the property and plan to rent it the last 1-2 months of the year. I've read the qualifyin...
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Hello all,I've a tenant who has been paying her rent late each month (along with the late fee). This month, however, she has not paid the rent so far.Here is the sequence of events that happened.1. Issue #1 - a rat en...
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Questions for the Property Owners using a Property Management Company: Would you rather have a property management company who has flat rate fees or takes a percentage of the rent?
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Hi -
Besides QuickBooks, is there a super really easy software package that will help you keep track of your expenses on repairs or improvements as they incur so that when it comes to tax time, you can easily import...
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I'll start out by saying I'm not trying to debate the merits of the "50% guideline." For various reasons, that guideline will not work for me. I don't know what is included/excluded in that value, and every time it is...
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So I just joined Buildium, spent hours setting everything up, it seems mostly pretty great, except one HUUUUGE issue that is making my head explode...they don't support credit card tracking?!?!? WHAAAT?? This totall...