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I have a nice young married couple at one of my rentals that recently informed me they're breaking their lease because they're under contract on their first house. I didn't know they were in the market, although i'm n...
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In the beginning it wasn't too hard. The property depreciation would usually shelter all the income from my rental properties. Now that these buggers are getting paid off the income is increasing and the depreciati...
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Recently I leased my first rental unit. The tenant moved in in the middle of the month of February. Right out of the gate she was unable to pay rent for March until half way through the month. I was understandi...
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I want to focus this post on issues that have cost me money that were avoidable.#1 Fires, I have lost three homes to fires. Two were caused by humans. I should have insured the homes, sold them, or done something to m...
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Looking for thoughts on the right thing to do in my situation. I purchased a foreclosed duplex almost a year ago that needed major renovation. I did everything by the book and had all the correct property inspectio...
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Just started a new RE company geared towards managing real estate investments for others. I’ve been a licensed agent for 8+ years and have managed rentals here and there on a smaller scale but now fully prepared to bu...
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I am working with a wholesaler on a property that is under market value in Allegheny county, Pennsylvania. The house is currently rented out to a section 8 tenant, with an HUD contract. The lease expired in February o...
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Hello Community, Im looking for advice. I currently am burning the candle at both ends, running around so much and in turn, loosing efficiency in my rental business. I currently have 18 doors (rented), 30-35 storage...
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Hi,
With remote managing the biggest problem for me is to find a right company to manage my property.
For my last management company it takes 6 month for property management to evict person that did not pay. It gives...
If you scroll through Manny Khoshbin’s Instagram, you’ll see wealth, success, and a lot of very nice automobiles. You may look at his life and say “well, that must be nice”, but there is much more to Manny than Ferrar...