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23 September 2021 | 1 reply
It also has a 1 room plus bathroom contractor type office attached to a garage.This is a pure residential area, but besides doing STR with the ADU, what might some ideas for the garage office?
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24 September 2021 | 3 replies
I don't know what your post said, and you may think it was "funny as hell", but I will tell you that people who think they are witty and clever with their provocative posts generate almost as many complaints and degenerative posts as pure spammers.
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25 September 2021 | 1 reply
When able to rent both sides for full market value pure cash flow should be between $200-$300, but goal is to pay off loans and hold LTR investments as part of retirement plan.
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24 September 2021 | 2 replies
Then any rehab you have those cost, they add up quick from light bulbs and batteries to water heaters and air conditioners.Once you get a tenant in it they will find things that don't work that you missed because nobody has been living there get ready for a few calls to sort things out if its been awhile since anyone lived there.
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25 September 2021 | 10 replies
After reading reports of serious, damaging fires caused by electric car batteries, I'm considering disqualifying potential tenants who have electric cars and putting a clause in my lease prohibiting electric cars and stating that the tenant expressly assumes all risk of damage to the property arising from electric car fires.
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29 September 2021 | 15 replies
I've gotten cars running that sat for much longer periods of time than that and a new battery and fresh fuel got them running.
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25 September 2021 | 0 replies
Purchase price: $130,000 Cash invested: $43,000 Goal with the first OOS rental was to find a SFR that was primarily rent ready or required light rehab by Summer of 2021, with the criteria minimums of $200 pure cash flow, 10% CoC return, purchase price around the $125k range that met the 1% rule.Backstory:This property was listed on the local MLS as "coming soon" and I reached out to the listing agent directly to see if they were entertaining early offers.
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26 September 2021 | 1 reply
My criteria minimums were $200 pure cash flow, 10% CoC return and purchase price around the $125k range that met the 1% rule.