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25 January 2025 | 1 reply
(It was Hollywood and everybody has dogs)2) Somebody tried selling the appliances that came with the unit which included the fridge, dishwasher, stove & microwave.3) We were recently affected by the fires and had to evacuate, some tenants refused to evacuate even after police forced them to because they were "tougher than the fire".Have you heard of those horror stories about tenants completely trashing apartments and feces all over the apartment?
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27 January 2025 | 1 reply
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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3 February 2025 | 1 reply
There are definitely areas where you could repeat a similar strategy but with even better cash flow.If you’re ever looking at growing your portfolio elsewhere, I come across off-market deals that could align with what you’re looking for.
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27 January 2025 | 7 replies
. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.
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22 February 2025 | 109 replies
With foundation issues, one could have plumbing, drywall, flooring and even roof issues and alot more.
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30 January 2025 | 4 replies
How do you even know if things will work out?
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10 February 2025 | 62 replies
So you could theoretically get into a house and end up leaving very little money into it in addition to having created tens of thousands of dollars or even hundreds of thousands of dollars in equity.
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25 January 2025 | 8 replies
Even calling Airbnb or VRBO CS and telling them that you just looked for your listing and could not find it, will boost your algorithm ranking somehow.
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29 January 2025 | 7 replies
Or should I use the new Oregon address for the LLC even though I don't yet live there?
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31 January 2025 | 5 replies
Update to my previous post (the update button didn't seem to do anything for me).Their customer support team was able to help me get my account back, even though the email made it seem otherwise.