As a property manager, it's not uncommon to encounter situations where a tenant begins to incur additional expenses rapidly. Whether it's due to changes in personal circumstances or unforeseen issues, addressing these...
More tax news out of Washington. The administration announced doubling the size of the IRS over ten years. This reverses the trend during the last administration of reducing IRS staff and scaling back the number of au...
In November of 2014 we had the wife of a husband-wife tenant pair inform our property manager she would be moving out. She included a letter signed by her husband stating he assumed all liability for the property. The...
Looking for some input on REIBlackbook as a webhost / CRM! I want a user friendly plug and play CRM that does all the nerderific stuff behind the scenes without me having to "code" it myself (Podio / Globiflow)My curr...
I am setting up a business with a partner. We will have a rehab and flip business as well as some buy and hold properties in the near term. We will group our hold properties in asset sizes that we feel comfortable i...
What is the ballpark cost to build a multistorey building (say 3-5 floors) vs. a single story building? Been considering building a group of 4bed/4bath detached units for student housing, but I'm wondering about the f...
Hey Everyone, I am from California and moving to Baltimore. I have this idea that I will buy a 2-3 Bedroom town home while I am over there for grad school and live in it and rent the extra rooms out to help may the mo...
Hello,
My wife and I just put in an offer on a triplex and duplex combo deal. After we submitted our offer the seller told our agent about extra expenses that he currently pays that we weren't aware of. The main two ...
I bought my first rental property last year and started renting for the first time. I am trying to figure out whether to use a tax software like Turbotax or go with a tax accountant to do tax filling this year. Tax ac...
Hi all, I looked at a rehab candidate yesterday, an old rowhouse in NE DC. I like the property and will make an offer but I am stumped about how to estimate widening the staircase to the basement. First to clari...