Ian L.
Real Estate Portfolio Analysis
20 January 2025 | 4 replies
Thanks for the feedback; some quick stats: 9 doors across 4 states, about 50% LTV ratio with a Net Income of about 17% and cash on cash of about 3%.....in fairness those numbers include some overall business expenses not tied directly to one specific property.
Dave Schimmels
Investment for beginner
15 January 2025 | 6 replies
Purchase price: $85,000 Cash invested: $33,000 Cash flow is after all expenses including vacancy, maintenance, and capx deductions.
Aldo Valeriani
Help Needed: Stop Work Notice in Covington, GA for Fix-and-Flip Property
17 January 2025 | 2 replies
Some of those included those previously mentioned windows.
Unal Baris Kancoglu
HVAC installation pricing - COSTCO
15 January 2025 | 1 reply
However, I noticed that as a Costco member, they also offer HVAC services, including the same product line (Lennox), along with a 10% Costco Shop Card if you go through them.Has anyone here used Costco for their HVAC needs?
Michael Challenger
First Time Home Flipper Looking to Connect w Lenders
10 January 2025 | 12 replies
We have a single flat fee of $1,500 for all of our fees, including the appraisal/valuation.
Ryan Treacy
What Do I Need to Know to Be a Landlord in Indianapolis, Indiana?
16 January 2025 | 3 replies
Avoid any self-help eviction tactics like changing locks.Maintenance: As a landlord, you’re responsible for ensuring the property meets basic health and safety standards, including working plumbing, heating, and electrical systems.Inspections: While there are no mandatory inspections required before renting, your property should comply with building codes.
Charles Masten
Expanding to Columbus, Ohio - Looking to Connect!
20 January 2025 | 0 replies
These included cash buys for flips, seller financing, and subject-to deals.
Lauren Ruppert
Can an LLC (sole proprietor) sell a property to an LLC belonging to a son/daughter?
20 January 2025 | 4 replies
Whether it's considered an arm's length transaction is debatable, but it's not illegal.Move forward with the sale and ensure full transparency with all involved parties, including your CPA.
Joy Daniels
Pets and Service animals at STR
18 January 2025 | 15 replies
Common tasks include guiding (for example, blind, severe physical disability), alerting (severe diabetes, seizures), retrieving/operating (pushing buttons, switches, etc).
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
11 January 2025 | 9 replies
@Robert Spiegel Great question, and it’s always a balancing act when dealing with long-term tenants who’ve been fantastic overall.Based on my experience managing over 1,200 rental homes in North Texas, including areas like Dallas, Fort Worth, Plano, and Frisco, here’s how I would approach this:Cleaning Charge: While $540 may feel steep, it can vary depending on the size of the property and local market rates.