Ben Bakhshi
Bookkeeping for landlords managing property managers
Some properties are self-managed, so we create an invoice for each tenant, and mark them as paid as rents are collected.When collecting rents that go through property managers, I am not sure what the best practice is ...
Nate Marshall
Navigating the Regulatory Landscape: State Efforts to Rein in Real Estate Wholesalers
Navigating the Regulatory Landscape: State Efforts to Rein in Real Estate Wholesalers
Introduction:
Real estate wholesaling, a practice where investors secure properties under contract and then assign those contract...
Tyson Scheutze
Insights From IMN: SFR East PT. 2
Read below for my remaining notes from the Single Family Rental Forum (East) that are specific to build-for-rent!
NOTES
Build-for-rent is the only game in town. Nationwide 45,000 current BFR in pipeline. There wer...
Atul Mohlajee
What is your maximum rent for a rental property you currently own?
What is your maximum rent for an SFH or an appartment unit? I am planning to rent an SFR for $2300 near Downtown Chicago and do not find that many people with qualifying income that will be 10000. What is your ex...
Cara Fazio
Moving out of State - how to handle property management?
I purchased a duplex last year which is currently a house hack. It has been quite the experience renovating, moving and becoming a landlord! Now, my boyfriend has been offered an amazing job opportunity and we will b...
Kelvin He
Should I make prepayments to eliminate ROI?
Hello, I just bought a house w/ a mortgage of 30 yrs. + 4.5% interest rate, 3% down. The loan amount was for 235k.My P&I = 1,194 / moPMI = 86 / moIf I don't make prepayments, then I can get rid of PMI in 10 years....
Rebecca Lebowitz
Inherited a non-paying tenant with a new property
I have a new property (under management-I do not own this property) the end of April, the tenant I inherited has not yet paid rent this month. I received NO information on this tenant at closing and there was no l...
George Wade
Investing & Property Management in Mays Landing, NJ
All, I own an investment property (a condo) in Mays Landing, NJ and am considering purchasing a second condo in the same, Mays Landing, NJ area. Since I live in the New Brunswick, NJ area (about 1.5 hours away from M...
Matthew Olszak
Keep Chicago Renting Ordinance is DONE
This probably doesn't affect a whole lot of folks, but if nothing else its a good sign as far as the appellate court's view of excessively overreaching ordinances:https://courts.illinois.gov/Op..."It is evident that t...
Carl C.
Garbage removal suggestions
Hi everyone. I have a rental house with 4 boys in it. This is their first time living on their own and as a result, they have had to learn how to take the trash out and so far have failed miserably. I pay for garbage ...