Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
I would think that a property manager would be able to assess your specific unit, be able to determine what market rate is for the local area and the quality of the unit, what the market rate rate is for your specific unit, to suggest what your unit could rent for based on some improvements and have a sense of what rent increase would be tolerable by the tenants.
Alan Asriants
Rent by the room? Is it a good idea?
26 December 2024 | 9 replies
Positive SolutionsProblem: In my county small multi-family houses are nearly non-existent and short-term rentals and second-cooking-areas are illegal.Solution: House-hack while renting MTR to traveling medical professionalsProblem: I didn’t know the many laws of the countySolution: A hired attorney 1) informed me that the county calls a house-hack a boardinghouse and 2) drafted a very comprehensive agreement that includes answers to your list of questions.Problem: Interpersonal problems can be a risk.
Diana Teng
Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?
2 February 2025 | 55 replies
In the beginning, I would personally shortlist properties and visit them to assess the property itself, the tenants, and the surrounding area.
Sat Palshetkar
First time real estate investor in Windsor
27 December 2024 | 4 replies
You have to be honest with yourself, understand the risks and assess if you can afford the negative cash flow.
Jefferey Eutsay
32 unit multi
24 December 2024 | 9 replies
If you want to get fancier and buy a more comprehensive calculator you could.
Rene Hosman
What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, that you should sit down and assess your finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.
Eric I.
Midterm vs long term - Renton WA
24 December 2024 | 7 replies
As @Robin Smith mentioned, for assessing demand I used FurnishedFinder.com/stats; you can see demand data for a given city and some pricing data too.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
Failure to act suggests a concerning lack of comprehension on the part of RAD's legal counsel and its leadership.
Ed Lopez
Excessive "Make Ready" Costs from Property Manager
21 January 2025 | 35 replies
We send our clients a comprehensive list of what we see COULD be fixed, as we have no idea how each owner will want to maintain their property(s).
Zach Howard
Class C: Personal loan for 200k, should I use it for multiple down payments, or...?
9 January 2025 | 44 replies
Early repayment will mean a 2% fee being assessed.