Keeping complete records of your investments, from the beginning to the end of ownership, is simply good business. A major reason for maintaining accurate records is to calculate your gains or losses when you do sell the property. If you do not have all the documentation to back up your claims to the IRS, and
When an investor purchases a property with an existing tenant, the first thoughts are that rent will immediately come in and there will be no vacancy period. This means initially avoiding higher maintenance costs, leasing fees, and advertising costs. Of course, everyone hopes this is the ideal tenant and the rental agreement has all the
The economic problems are in the news every day, but you do not have to turn on the TV or radio to know that it takes more money to buy what you could before. All you have to do is go to the grocery store and see how prices have escalated. By planning, you can
With food, gasoline, and utilities at record highs, it pays to look at ways to economize. Inundated daily with advertising through the media, we often spend more than we need and do not take the time to analyze our spending. We often ignore obvious ways to save just because we are creatures of habit. Too
Google Review: I have several rental properties that I tried to manage myself from out of town…. Horrible idea, when my cousin recommended that I call Pyramis I was hesitant, but exhausted so I tried them. Six years later I can’t say enough good things about my experience. Michelle is my property manager and she