Matthew Posteraro
Conservative Scaling for House Hacking
29 January 2025 | 10 replies
Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
When rent is too low it speeds up the leasing.
Chris Babb
Build to Rent
18 January 2025 | 5 replies
We are able to get great incentives and the ability to own an investment property that take a very light maintenance budget for the first few years is a huge plus.
Olivia Blake
New Landlord - Tenant Refusing Payment Method
30 January 2025 | 20 replies
However, I did take issue with the tone of the message, especially the part where they told me how they’d be paying rent.For context, there are no outstanding maintenance or repair issues, so I’m unsure what the tenant is referring to.
Eric Coats
Running STR #s for Newbie
29 January 2025 | 20 replies
I own a property management company in WA, including Yakima.Here’s a rough breakdown of costs:- Management: 15-30% of revenue- Cleaning: $100-$200 per turnover- Utilities: $150-$300/month- Maintenance: 5-10% of revenue- Insurance: $1,500-$3,000/yearTools like AirDNA or Mashvisor can give you a solid idea of income and occupancy.
Marc Shin
Boardgames and other low cost amenities in STR
28 December 2024 | 19 replies
Also, what are some other low cost amenities that I can add to my STR that will yield a higher ROI?
Amanda Lindsay
Is Rent Redi too good to be true?
19 January 2025 | 13 replies
We are hoping to streamline tenant communications, maintenance requests, and payment records.
Dimahtria Pehseant
Tenants Violating Sanitation
21 January 2025 | 1 reply
Tenants should certainly take responsibility for maintaining the property and promptly informing the landlord of any maintenance concerns.
Akshay Kumar
Investment property landscaping
17 January 2025 | 2 replies
We don't need sprinklers here, but if we would, I'd either do that or replace the lawn with gravel or something else maintenance free.
Alex Messner
Purchasing first home (with debt)
16 January 2025 | 10 replies
I would tell people today that if you buy a primary residence expect to stay in that home for atleast five years, especially with a FHA loan which has lower down payment as the current forecasts for home appreciation or very low which with closing costs on the buy and sell, it will take several years to have equity in the property and enough to be able to sell, so that is something also to consider.