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Hey Everyone!I have been in the real estate industry since early 2011. Previously I worked for a property management company who focused on overseeing single family and duplex rental properties in Detroit, MI. I start...
Hi all I’m brand new to the community but I’ve been reading and educating myself through BiggerPockets ... great material !I live in nyc but I’m thinking of investing out of state as the NYC market is way too expensiv...
I looking for opinions about software to manage my properties. I've read several posts, buy a lot are old and features change.I've been using QuickBooks but I think I'm outgrowing it. I'm over 70 properties now,and...
Failure to Properly Screen Tenants
To secure quality tenants, a rigorous screening process is necessary. Obtaining a credit history is important, but so is getting references from employers and previous landlords. Pr...
Hey guys,First off, thank you for taking the time to read and hopefully respond to my question as I have a conundrum here. My business partner and I have around 40K of starting capital and are looking for potentially ...
Greetings!I am in the midst of purchasing my second rental. (Yay!) What is the best way to account for expenses that cross between properties. Accounting software, property management fees that are not property spe...
We have an established property management company around 1000 units and are looking to grow at a faster pace by working with either an in house BDM (Business Development Manager) or other arrangement. Does anyone h...
Hello BiggerPockets Family,I recently purchased my first rental around 6 months ago and it didn't turn out to be the best rental purchase. It cash flows currently around $150. I put 25% down on $188,000 duplex. So I w...
I searched for this, but did find any post, that listed specifically percentage breakdowns of the 50 percent rule. I know this is just an estimate, based on some research, that operating expenses for rental property t...