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18 February 2025 | 7 replies
The house sits near a freeway junction and a busy street, and while my previous rental was also close to the freeway, something about this home's elevation makes the noise unbearablyintrusive.
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11 February 2025 | 0 replies
I live in an apartment with 4 rental units and a studio.
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9 February 2025 | 1 reply
I searched within the BP website, but there were none listed, and a BP representative suggested I post in this forum!
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21 February 2025 | 3 replies
It was a full-time job to manage my property manager here--and a good thing I did because the mistakes (often involving them wasting my money) just kept piling up.
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21 February 2025 | 3 replies
Gives you experience and a feel for what's involved.
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11 February 2025 | 6 replies
Sadly, we lost my mother-in-law to cancer two years ago, and my father-in-law has since realized he no longer wants to live there, though he remains emotionally attached.The home is in its final stages of construction, needing only finish work and a kitchen remodel to be rentable.
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21 February 2025 | 4 replies
I have not personally tried the Wire feature though.I am an Accountant and use it and refer my clients to it as well, connect with me and I will look to see what the costs are to send a wire, they do allow free check and ACH payments if timing is not a factor.I had a client who used Titan, and as an Accountant I did not like it.
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12 February 2025 | 27 replies
The price-to-rent ratios are generally unfavorable, and a shortage of skilled tradespeople and reliable property management can hinder the success of buy-and-hold rental investments.
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15 February 2025 | 15 replies
Quote from @Tyler Garza: Deal :Duplex Home2 beds / unit2 baths / unit3,000 sqftAsking 300k60k downEst rent/yr - 31,2005% Vacancy20% Op ExpenseMortgage 240k assuming 7%Results: CF - 6,600Cocr - 11%Cap - 8%Looking at this for a buy and hold and trying to determine if I am analyzing this right@Tyler Garza I can get to your COC of 11% and cap rate of 8%, but since I don't know your loan payment or amort, I'm not sure how you got to CF of $6,600 - I'm getting arond $4,600.And a couple of things jump out at me with your assumptions versus most of my CFO clients: 1) a 5% vacancy rate and 20% Op exp margin seem a little low, 2) an LTV of 80% LTV (with a 7% interest rate) seems high unless you're house hacking, 3) Depending on the location of the property, the $1,300/month/unit rent may be low.
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13 February 2025 | 0 replies
Neighborhood was good, and a park just behind the home.