Hi everyone I just closed on 2 - 4plex today. The sellers wrote a check out to me for some minor repairs that I'm going to take care of. Just wondering how I would account for that in quickbooks. Thanks in advance.

Many of my units have gas ranges.  I tend to buy scratch-and-dent replacements and sometimes the burner caps are missing.  Burner caps are the small metal disks the flame shoots around and you'd expect them to be chea...

Hello!  Interested in doing my first deal and acting as my own agent. I am a Texas-licensed attorney and have been advised that I can write my own offer AND receive a 3% commission from the seller as my own real estat...

accepted an offer on one of my houses . Buyer did an inspection, their lawyer sent me a contract to sign. I decided not to sell . Didn't sign contract. Should I offer to reimburse them  $300 for their inspection ? Thi...

Hey guys! I own a property management company and also a moderate size portfolio that we self-manage. Some of my employees are starting to get reimbursement costs to go through the roof as we extend our property manag...

Hi guys,So I am having a problem with an AC company who installed my new AC two month ago .It leaked again and the way their explanation makes no sense to me.So I wanted to ask somebody who knows more than me about AC...

Hello all!
I'm looking to fill a vacancy and would love to use an online platform like cozy or mysmartmove for applications and screening.  However, with the new laws passed in NY limiting application fees to $20 and...

I’ve camped out on this forum and on Reddit and realize how many newbie mistakes I’ve made but hear me out.
I inherited a S8 tenant with my new 2-family home in NYC. I live on the main unit. It started with heat com...

I've just got 2 vacant lots and 1 lot with a dilapidated house on it under contract all for $11,000.  The properties are located in Orange, TX.  All three properties were acquired through a previous tax sale by the cu...

A common theme is for landlords to require their tenants to purchase a Renters Insurance policy.  Some take the next step and have them prove it (good idea).  Here's the problem, an independent study was completed tha...