Maxxwell Crowley
Maintenance and handyman costs
I am based in Fairfield county and was recently quotes $75/hour for handyman and maintenance costs- i.e someone who can do everything from basic repairs around a property, power wash, clean gutters, help tenants with ...
Michelle Sangalang
W-2 High income looking for ways to minimizes taxes with Real estate license
Hey BP Team!Looking for some advice on how to minimize taxes in CA. Here are the facts:1. High income W-2 ($400k+) earner and would like to keep my job.2. Own 3 LTR properties all in CA under a Trust.3. My spouse and ...
Paul Z.
arranging time with tenant for routine inspection
Hi everyone.In my jurisdiction, landlords can enter a rental unit with a 24-hour written notice. I still try to do better than that, by asking tenants for a time that works best for them. When I asked a tenant this re...
Alexander Vest
Rent collection methods/how to structure bank accounts?
I'm interested to hear what methods everyone uses to collect rent. I'm finishing up my first duplex and I am currently looking how to rent collect and how to structure the bank account(s) that the rents and deposits w...
John H
Multifamily Analysis Question
What do you guys look for when considering multifamily properties?
I'm looking at a 7-unit property currently with the following figures:
*Total Gross income (Rent + Laundry): $78, 000
*Operating Expenses: (Based on...
Brady Beshear
Smart Locks for new Airbnb...
I'm planning to convert one of my LTRs to an STR and need your help. What advice would you give me regarding smart locks? I've searched the forums and noticed recommendations for August and Resort locks. I'm intere...
Kyle Bentz
evaluating MF
What is you process when evaluating a multi famialy property? Whats your step by step process?
Emilio Ramirez
Refrigerator Went Out While We Were Out of the Country
My wife and I manage our own properties and were out of the country when a tenants refrigerator went out. We had our Dad go check it out and he seemed to think it was running fine. The tenant claims that it was runnin...
Elliot Mendoza
50% Rule on a quadplex with 20% down.
So I've been reading the boards for a while, I am currently deployed and I refined an excel spreadsheet I had worked up before I left the states.
As of right now these are the numbers I'm looking at, and I -THINK- I ...
Matt Leonard
When did you bring on a property manager?
I am under contract on a 4-unit investment property and want to use a property management company. I am wondering when is the time to bring them in. I close at the end of the month, so it isn't a done deal yet. Sho...