Trey Manfield
Off-ramp for hemorrhaging negative cashflow
27 January 2024 | 16 replies
We are pumping in some sweat equity: killing all the weeds and doing a non-organic mulch and river rock yard, power wash and paint the wooden fences, resurfacing all cabinets, faux-marble epoxy on the counter tops, and redoing the floors (there is a mix of scuffed up hardwood and wood appearing panel...looking to just make it all panel).
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Bad tenants - Is there a website to warn other landlords
27 January 2024 | 6 replies
They also have people come over and take pictures of your place of clueless items such as your coat rack and a Christmas tree.
Scott Bridgehouse
Keeping My Inherited Tenants' Security Deposit: How To Notify Them?
26 January 2024 | 3 replies
The attorney I'd been working with is MIA (great sign I know.. will be looking for someone new), but I don't want to delay sending them a letter.Do the more seasoned folks out there think I should just rack up $200 in standard supplies and send the note to them?
Josh Greenwald
How to get going
25 January 2024 | 1 reply
The first consideration, in my case, was that I could afford the first loan since the property I took the loan on for the downpayment was rented and would still cashflow even after I took that loan.The other consideration I made was ensuring that the new property I was acquiring would also at least break even with the monthly payment for its loan.The third consideration was that I had enough money saved not for the downpayment but for at least five months of payments on both properties in case I couldn't pay the loan in case of an emergency (you never know if the new property will rent immediately or when you will have unexpected costs associated with either property, etc.)All three considerations were very important to me, but for my peace of mind, number three was the deciding factor.With this strategy, it could seem that I am making less money since I am racking up new debt on the rental I owned to begin with, but the way I see it, the appreciation I will get in a few years and the actual cashflow that I am still getting were completely worth it.
Nicholas Gill
First Property Almost Ready to Sell
24 January 2024 | 1 reply
You just start racking up 'Days On Market'. plus I'd say you could ask a higher listing price if you wait just a bit.Just my $0.02
Kevin Ramos
HOA voting to ban MTR
26 January 2024 | 28 replies
Some of these homeowners weren't even notified of the original fine until the attorneys had already racked up significant legal fees and added 21% interest.
Dawon Irvin
Tenant-Friendly Bathroom Renovations on a Budget
23 January 2024 | 2 replies
- Upgrade towel racks, shower curtains, and mirrors for a modern touch.Budget Bliss: - A new color scheme can transform the bathroom's look
Thomas Gray
industrial warehouse purchase
19 January 2024 | 0 replies
This warehouse has tall ceiling that will allow for tall racking system that will allow investor to reduce cost and overhead.
Katelynn Malivert
HELP! Contractor Woes on my first investment property!
18 January 2024 | 54 replies
As you can imagine, we are racking up expenses as we have to rent elsewhere because the unit is uninhabitable.
Massimo Salerno
Deck
5 September 2016 | 2 replies
Need to build a wooden deck , it would be a 12x20 deck, roughly 11 feet high.