Saad D.
Is the 1% rule dead?
22 November 2024 | 92 replies
If it is dead at the rent point you reference than so is initial positive cash flow.
Emily Poerio
Bank Accounts / Cash Flow / CC - best operational structure flow of funds
15 November 2024 | 7 replies
The master would pay for the business items like - car, office, paper, etc.
Karl Kauper
Are there no actual property owners on BP?
15 November 2024 | 18 replies
If you are looking for recommendations, please let me know, and I am happy to send you a few references.
Larry Nielsen
Typical Monthly Cash Flow / Best US Markets
12 November 2024 | 10 replies
This is a risk item.
Melanie Baldridge
What is recapture?
14 November 2024 | 10 replies
By making partial dispositions, you can also avoid subsequent recapture on these items when you go to sell.
George Turner
Home Inspector recommendations? Small MFH Denver
13 November 2024 | 3 replies
Hey Koren,That's pretty much what I figured as well - can't imagine a realtor (or inspector) gets too far if they're referring poor work.Our realtor suggested Call2Inspect as well so that's great to hear!
Clarissa Finks
Feedback on Management Platforms (Baselane? Stessa?...)
15 November 2024 | 6 replies
I already gave separate accounts for all my properties and don't love the idea of having another account.For more reference from my side on RentRedi is a bit clunky to navigate, make updates/changes and while I know it's tiny I don't love that it charges my tenants to pay their rent.
Jeffrey Hennen
Cost Benefits of Water Softeners
9 November 2024 | 5 replies
I think this would make sense in the long run for the rental property as it will extend the life of everything it touches like the Sink, faucets, showers, water heater, dishwasher, and Clothes washer while also providing clean drinking water in addition to the reverse osmosis drinking water system I already have installed.The main problem with this hardness level is that we get a major deposit buildup on all of these items, which will eventually clog up the faucets for tenants and lead to rusty shower enclosures that take forever to clean.In addition to this, it looks like we could likely have the salt added every couple of months by the property managers in addition to that it would allow for a quick inspection from them, and then also we would instead bill the cost of the service onto the ledger for the tenants.For reference, it does not look like the landlords in the area have water softeners.Thank you everyone for your input ahead of time.
Brian Fulmer
Out of state investor interested in Raleigh area
14 November 2024 | 16 replies
I specialize in the city of Charlotte though, but I'd love to refer you to a good contact in Raleigh if you are interested please PM me!
Tom Dean
BRRR price point and finding deals in OKC?
14 November 2024 | 5 replies
I do have experience with significant home renovation but for a personal residence, based on my experience with this I would prefer to buy a property built after 1970 if possible but not sure if that's realistic, the only deals I could seem to find from the MLS are very old houses which I know often brings more challenges with the renovation.Would appreciate any references or suggestions anyone has, so far I've only invested in rental properties that were already in good condition bought with a loan.