I have been with a property management company for 2-3 years in Arizona and the property is being run continuously at a loss. I am looking to hire a new property manager in Phoenix. Does anyone have any recommendation...
Let's set the tone straight; most people don't get into the rental business because they like to manage problematic tenants, deal with leaky toilets or attend eviction hearings.Most people follow traditional investmen...
Hello BiggerPockets!I am seeking some advice relevant to when to bring a CPA onto my team. I have provided an outline of my current situation along with the direction my partner (@kanwar sodhi) and I intend to go belo...
I have been gaining more and more interest in the idea of investing real estate, particularly multi family properties. I am looking to find the proper resources to answer my questions and guide me in the right direct...
Hi all! I am new to this group so thank you all for the incredible information and advice.My question: My lease is coming up in August in Hoboken, and my gf and I would like to build equity in a place where we can ren...
Hello BP,
I am preparing a budget for a SFH that costs $50k. The monthly rent is $1k. Using the 50% rule of thumb I don't see how $500/month (which amounts to $6k per year) is enough to cover all expenses except P&am...
Does anyone recommend Zillow Rental Manager? Today 1/12/21, I will be closing on my first rental property. I just discovered Zillow rental manager. I was wondering if anyone uses it or recommends it. Also, if anyone...
Hello,
As has been my observation, a normal application fee is 20-25 dollars. But if there is a married couple, and you have to run reports on the husband and wife individually, then that would cost at least 40 dolla...
Can I finance a property, in the name of my LLC, and then sell it the same day as owner financed? Would 2% interest (above what the bank is charging) and closing costs plus $10K be fair terms? I have a potential buy...
Day in the life- Constructing a New Facility location
23 June 2020, 08:39 We are starting our 8th and final storage location. I will try to give an update as we go through construction. Although this will be instruct...