Lincoln Waite
Paying utilities on a Multi-Family and it's eating all of my cash flow. (Iowa)
7 February 2025 | 21 replies
I don't know enough about your rentals to determine quality, location, or layout, but I suspect my numbers are pretty close.However, your utilities are pretty expensive in the winter.
Christian Conti
Anyone have any Farmfolio Experience?
3 February 2025 | 5 replies
I would say only 1/2 would make it thru their quality check for size and color.
Paul Duncan
Long time listener First Time Posting
21 January 2025 | 1 reply
Also, if you need a quality GC in the Charlotte and surrounding area please reach out!
Rafael Ramos
Seeking Guidance and Strategies
11 January 2025 | 6 replies
@Rafael Ramos All your goals contradict each other:(1) Cashflow: buy Class C & D properties2) Appreciation: buy Class A & B properties3) Low Crime: buy Class A & B properties4) Why would you want your investments to lose money to lower your taxes?
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
Question: assuming an ideal brrrr that has all investment extracted at the refinance, why would you choose a low cost market over a high cost market?
Nick Rutkowski
Sometimes, its easier to work with problem tenants than strong arm them.
26 January 2025 | 30 replies
I suspect most who requested cash for keys had previously received cash for keys.What I do instead is explain:- the housing shortage in my market and that an eviction will forever make it difficult to find a quality rental in this market. - I will ding their credit such that all credit cards and other debt will cost them more.- I will keep their security deposit for funds owed.- I will do my best to garnish future wages until their debt to me is paid in full.This has worked 100% time so far.
Joel Oh
salt water hot tub
13 January 2025 | 23 replies
I find the savings from not needing to add chlorine is instead spent on chlorinators.I would not use salt for an only a spa because the chlorine use is so low.
Jerry Nogueras
NYC Residents- Which areas outside NYC have you seen the most success for rentals?
27 January 2025 | 6 replies
Quote from @Michael Smythe: @Jerry NoguerasRecommend 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?
Troy Smith
Refinance step of BRRR
13 January 2025 | 11 replies
I don’t want the property to appraise low and not have enough money to get when I cash out.
Danielle Levy
Filing lawsuit against property management company
29 January 2025 | 20 replies
Recommend you have a great understanding of the answers to these questions before thinking about a lawsuit.You'll also want to use these questions as discussion points with any new PMC you interview.If you post the address, everyone here will be able to give you more feedback about the quality of the listing and perhaps more insights.