Hello everyone, I am beginning the home buying process for my first home. I'm going to buy a 2-4 unit building and live in it but I am looking for advice as to whether or not I should manage the property myself or use...
Hey guys
So I went to a Renatus "informational" yesterday and needless to say but it was awesome. Scott Rowe was the speaker and he was awesome. The information he shared was exceptional and is exactly the stuff I w...
When approving new tenants I do my best to screen out people who will not take good care of my property, in addition to screening for income, etc. My single-family home properties are not high-end but neither are t...
Hello fellow BPers :-)So Im in a dilemma (or at least I think I am). I have used the same contractor for two of my renovations so far. I pay him $50/hr. I play the role of the general contractor in terms of I usua...
Hello BP,I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens t...
I've accumulated quite a few rentals in the city I live in, and the focus has always been cash flow, but I'm considering purchasing my first "vacation rental". While I have set formulas for my lower/middle income inne...
For the second month in row, my tenants have paid rent 3+ days late. My lease states the following: Shall tenant(s) accounts not be paid in full by 4:00 pm on the 2nd day of the month, a late charge of twenty five dol...
Long post - HELP.I got an email this morning from my tenant that I sent a non-renewal letter to last month. I gave this tenant an extra month to find new housing as it is very difficult to find housing here. She has ...
I manage my own properties but recently I been interested in investing out of state. So I was wondering all my out of state investors:
how much does a property manager cost?
what is it do they actually do?
...
I recently read some info about corporate houses and was just wondering if anyone had any experience with this area of investment? Would love to learn more and see if it’s something worth going after.