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2 January 2025 | 16 replies
Do they take up much time each month?
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6 January 2025 | 2 replies
Mortgage rates at 7% 2. 25% down3. 10% of current rents budgeted for capex, monthly repairs and maintenance and property management fees.
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10 January 2025 | 12 replies
PMs are busy - if you email a PM and say "Hey PM, I'm looking at 123 Main St. and I think it will rent for $1500 a month, does that sounds right?"
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8 January 2025 | 4 replies
Long and short, when I now look at my "return on Equity" numbers as opposed to my casual on cash return numbers it makes all the sense in the world for me to sell.Wholesalers contact me at least once a month the past 10 years and are always asking if I want to sell one of my properties, but I'll be hard-pressed to ever find a wholesaler that wants to pay me for what these properties are worth and is also willing to buy all the properties in one transaction which is how I'm looking to sell.Given how good our return numbers are here in northeastern Ohio compared to the parts of the country I know that out of state investors would definitely be very interested in in this portfolio.
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7 January 2025 | 27 replies
After a few months you figure out that your team has not really engaged your property on a regular basis.
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2 January 2025 | 15 replies
I know that the tenant currently makes $33,144 gross a year which would be $2,762 a month.
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8 January 2025 | 15 replies
You rent it for one year and create a successful STR business that shows a trailing 12 month net income of $75,000.
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7 January 2025 | 7 replies
Am currently searching and will be purchasing a property within the next 12-18 months in the Atlanta area.
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12 January 2025 | 8 replies
I can save $9,000 a month and I am thinking of scaling but I am unsure how. or even to what. mobile home parks?
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19 December 2024 | 22 replies
You need to be aggressive with your pricing to compete for the few available renters.I recommend dropping our price to $1,750 and offering a month-to-month lease or six-month lease.