All Forum Posts by: Rick Oaks

Im new to larger apartments. I’m looking at a 8 unit building with $5100 month in rents. Building is in reasonable shape and units have various amount of updates Overall decent building in rural and safe area. Owner wants 510k ( 1%). My concern is in my area rents and appreciation are basically nonexistent. Am I unreasonable to think that it should be closer to 1.5%- 1.7%

340k - 300k sale price?

Any advice on how to compensate the temp vrbo renter?  I’m planning on a neg review already.  We did send their group of 5 to dinner on us.   usually toilets go bad or bulb is out we are great with response...bad fridge a little bit of a difficult problem 

Good idea!!  Where were you yesterday 😂😂

We have several Airbnb rentals. We had a refrigerator break. Repair company had to order parts and due to holiday several days passed before it can be fixed. Tenant is only there for 10 days and is not happy. We ended up getting a mini fridge to hold over for the last few days. What is the best way to handle this for the future?