Tony Schmucker
New Investor Seeking Advice on Relocating and House Hacking
30 January 2025 | 26 replies
Though, my main goal is to be break-even or close to it in cash flow once a property manager steps in to take over.
Noy Rivlin
First-Time Investor Looking for Advice and Connections in Pittsburgh!
31 January 2025 | 13 replies
The hilly terrain is a main reason for this and you can't really see that on a map so knowing the areas is key.We have old housing stock as well so big things like plumbing and electrical can vary cost wise if they have or haven't been updated.
Donyea Jenkins
DSCR Loan Question
30 January 2025 | 14 replies
The main thing I see when coming across this is deferred maintenance.
Somesh Mukherjee
From Toronto, looking to invest in Ohio!
30 January 2025 | 19 replies
North Linden, South of Main, Vassor Village, Woodland Park, MT Vernon, Milo-Grogan, Franklinton, Merrion Village, Hungarian Village, Southern Orchards, Driving Park, Olde Towne East, Franklin Park, King Lincoln, Old Oaks, Livingston Park are all but not limited to some areas in Columbus, Ohio I think will gentrify quickly and make for great long term buy and holds.
Cody Caswell
2025 Design Trends to Use on Your Flips
22 January 2025 | 2 replies
White Oak color and Walnut color are the two main ones you want to focus on, depending on the rest of the design in the house!
Joel Oh
Focus on one platform
2 January 2025 | 50 replies
You mention Amazon, look at how they play suppliers off each other and even create their own supply chain.
Joseph Beilke
Costa Rica Info
11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.
Michelle Wang
Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
27 January 2025 | 13 replies
@Rich Davis "The difference is I'm in Maine, where the evictions laws lean landlord friendly.
Sakib Khan
Thinking About Buying My First Rental Property – Need Advice for the Near DMV area!
14 January 2025 | 10 replies
My main goal is to find something relatively close to the DMV area but without the DMV price tag.
KT Fissore
Brokers rate to market a MHP
6 January 2025 | 4 replies
The rental market is pretty rough here in the Austin area due to a glut of supply.