Michelle Wang
Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
27 January 2025 | 13 replies
This can also bolster your case if the tenants continue to act in bad faith.
John Friendas
Rooming House Passing Conventional Appraisal as Single Family
22 January 2025 | 4 replies
It is possible that it will comp out but I might hire an appraiser to see what they come up with.It depends on how bad you want it.
Makani Donaldson
What is considered a good cash flow?
26 January 2025 | 16 replies
$150/mo - $300/mo is bad or good cash flow depending on how much cash you put into the deal.$150 x 12 months = $1,800If you put $45,000 into real estate as a down payment, you are looking at a 4% cash on cash return.I would consider this decent.If you put $20,000 into the deal, the cash on cash return is higher and its better.If you put $200,000 into the deal, the cash on cash return is lower and considered worse.However, cash on cash return is not the only return you should consider, you should also consider appreciation.My benchmark is trying to achieve atleast an 8% return between appreciation and cash flow.Best of luck!
Jacklyn Robins
Trouble renting units in Cincinnati
21 January 2025 | 27 replies
It includes a lot of good/bad examples.
Ruben Diaz
HELOAN for hard money reserves
10 January 2025 | 3 replies
The reason being if you show them those reserves and the deal goes bad, they are gonna come after you for that $ and that will put you in a really bad position.
Geritt Shipley
Dealing with Rats
26 January 2025 | 4 replies
"There's 2 types of house's, 1 where people know they have rats, the other is they don't know they have rats"Poison is a really bad idea, especially when tennants are involved.Hire an exterminator a document everything.
Abigail Joanna
Buy tiny home to put on property or save for next property?
31 January 2025 | 7 replies
Make sure the zoning, local building department/regulations, and neighborhood allow you to put a tiny house on your property and rent it out.If that is not possible, using that money for the next property makes sense.In general, I think increasing housing density will help provide more badly needed housing affordably.To Your Success!
Trevor McCormick
Advise on Purchasing my first STR in Kissimmee Florida
29 January 2025 | 18 replies
Proximity to Disney is another competitive advantage.As property managers, we see what’s actually booking in all the resorts near Disney - the good, the bad and the ugly.
Arina Alexiuc
Small multi 2-4 units vs 5-20 units?
19 January 2025 | 2 replies
Anyone trying to tell you a certain asset class is good or bad these days is probably trying to sell you something.
Dawn Harris
Str with property management near Orlando
30 January 2025 | 7 replies
TIAHi Dawn, regarding your occupancy, with in effective dynamic pricing policy, you should still be able to beat the market while weeding out “bad” guests.