Key Points:
-Keep the utilities in your name and bill back to the long-term tenants.
-Hire out lawn care and snow removal... or DIY.
-Insurance costs will decrease when transitioning from homeow...
Hi everyone, Biggerpockets sent me an email about the fall of short-term rentals. I had an idea of this "#Airbnbbust", therefore I wanted to pivot to Mid term rentals. Do you feel like both str and mtr are seeing a de...
OK BP's community, out of curiosity, could a landlord or someone say looking for a roommate advertise that they didn't want to rent to a supporter of a certain political party? or politician (say Trump)? MY question...
I was curious to see what kind of volume the flippers/rehabbers on the site were doing.
If you're a house flipper, please tell us how many homes you do on average per year.
Thanks!
I just noticed a new website sparkrent.com that seems to offer a very easy way of collecting rent via ACH deposit. It allows you to assess any late charges and also sends out email reminders. I assume this wouldn't ...
Hello,
Just bought a condo that needs to be updated. I currently live in it but don't plan on staying longer than a year. Afterwards, I plan on renting it out. This is my first property that I will remodel and kno...
About a month ago, there was a break-in at a property I manage in Cleveland Heights near the East Cleveland border. The owner was interested in selling the property, so he gave the listing to a real estate agent. The ...
I’m in the process of selling my business(food) and the building it’s located in to my partner, I will net about $2m for my 1/3 of everything.I want to re-invest most of this money( after I pay off all my bullshit deb...
I am looking to start the search next year for my first multi-family property, and wanted to look at cashflow statements of those already running performing multi-family properties.
What am I missing for fixed expens...
So I am looking at a 9 unit house/apartment. Cashflow is 30k per year after all expenses. Not including debt service. This is setting a 250 reserve per unit also. I know this is rather vague and maybe not enough info ...