Calvin Kwan
Convert Duplex to Triplex in Oakland, CA
28 January 2025 | 8 replies
According to the Planning Board, the intent of the RM-2 Zone is to create, maintain, and enhance residential areas characterized by a mix of single family homes, duplexes, townhouses, small multi-unit buildings, and neighborhood businesses where appropriate.I'm assuming by definition I am zoned to convert to a triplex?
Briar Blake
Property Managers Violated Contract
25 January 2025 | 13 replies
We pay $850 for a WH install, so, that seems high but you are in CA.
Akshay Kumar
Investment property landscaping
17 January 2025 | 2 replies
Fix it.We eliminate as much landscaping as possible: we take out flower beds and most decorative features, ideally, lawn mowing is the only job tenants have to do, because we know that's all we can expect from most.
Jonathan Abrado
Pace Morby Gator Method Course Review
25 January 2025 | 155 replies
. :) Yeah, definitely a recording.
Conor Neville
When to approve tenants?
22 January 2025 | 7 replies
I highly encourage everyone to view the property before putting money down, but that's not ideal for many of them, so I do allow them to rent "sight unseen," but I am very open with them to ensure they don't show up and back out.1.
Gary Abrams
PM software or app, to organize for a secondary manager to take over
7 January 2025 | 3 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
Tyler Davis
QuickBooks Plan for Managing Rental Properties
7 January 2025 | 3 replies
We track multiple disregarded entities using the location feature and multiple properties using the customer feature (units can be tracked as sub-customers).
Natasha Rooney
Multifamily Properties in Indianapolis
29 January 2025 | 16 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Hunter Goorsky
NEW Investor in the Joliet area 🏠
22 January 2025 | 9 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
Gil Canfu
🚨 Dallas Real Estate Investors - Need Your Insights! 🚨
30 January 2025 | 14 replies
@Gil CanfuWith a $300k price range, you're definitely in a good position to find some solid investment opportunities in the North Texas market.