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Results (10,000+)
Jonathan Ludizaca BRRRR Single family or multi family
3 February 2025 | 7 replies
They'd also probably be more aware of how much water, gas, or electric they are using when they have to pay the bill after each cycle.  
Samuel Gebretnsae Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
Note that water penetration is not limited to flooding from rising water levels on the ground in a weather event.
Sophie Sawyer My experience with Sunrise Capital (Mobile Home Fund)
29 January 2025 | 68 replies
We have had all kinds of issue with the water meter reading too, and getting lot rent invoices in a timely manor.
Brandon Cormier Off market Value add 4 family success!
24 January 2025 | 2 replies
The yard looked like trash, plumbing stack leaks and multiple water heater leaks.
Jeffrey Bourque Found a Deal but Not Sure
27 January 2025 | 7 replies
Quote from @Jeffrey Bourque: Hello All, I am new and this is my first attempt at purchasing a property with the intent to create monthly cash flow.The property: Triplex Listed at $140,000 - Total monthly rent income $2,150 - Tenants want to stay and are all willing to sign new leases for 3 years - 8 beds 5 baths and 3,500sqft livable space on a 4,800sqft lot - Heat and electric paid by tenants and water trash paid by owner $180 month - I have managed to talk the selling price down to $105,000 with a kick of $10,000 for closing and commissions so $115,000 all in - Building is in fairly good shape according to pictures and questions but have not done a inspection yet - some general maintenance repairs are needed according to the seller but nothing that seems to bother the tenants. - 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.
Griffin Schermer Brand New Community Development
25 January 2025 | 0 replies
All water, sewer, and electrical infrastructure is being replaced.
Briar Blake Property Managers Violated Contract
25 January 2025 | 13 replies
Your PM replaced the water heater because it was leaking.
Fetch Phoenix Bought in a Fire Prone Area, should we sell and consider renting?
1 February 2025 | 7 replies
If you have a swimming pool check out the water pump system with aerial hoses.  
Damon Diddit Inheriting a problem tenant after closing
31 January 2025 | 8 replies
There's no way I can keep the house above water with that rent let alone consider any positive cash flow...so I need them out!
Eric N. How do you do Seller Financing/Sub2 and comply with Dodd Frank/Safe Act ?
22 February 2025 | 48 replies
I guess a lot of Scott's buyers are under water the day they sign a loan, so he must be regularly evicting and reselling some of those houses.