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Results (10,000+)
Tom Albares [Calc Review] Help me analyze this deal
24 July 2024 | 1 reply
High paying local jobs.Monthly cash flow: $306 /moIncome:  $2,250 /moExpenses:  $1,943 /moCoC ROI: 2.69%5-year annualized return 4.91%   Mortgage payment $1,394.53Rental income: $2,250/mo Expenses: $1,943Loan detailsTotal cash needed $136,739Purchase price$ 336,990Loan amount $206,990Loan term 30 yearsInterest rate 7.1%Monthly expense breakdownTotal expenses $1,943Mortgage $1,395Taxes $280Insurance $47Variable expenses  $180Fixed expenses $42Monthly Fixed expenses: $42 electricity $0gas $0water & sewer $0hoa fees $42garbage$ 0Other$ 0Monthly Variable expenses $180Vacancy $180Maintenance $0 (new construction)CapEx $0 (new construction)Management fees $0 (self manage)ReturnsNOI$ 20,412CoC ROI 2.69%Pro forma cap 6.06%Purchase cap 6.06% 
Jacob Zivanovich Can I Just Use Any Rental Application? Next Steps?
24 July 2024 | 6 replies
You are getting good advice.I use a PM now, but when we were self managing we used the application our screening company provided with an additional page of additional questions I wanted to ask to support my screening point system.I ask more about address history, I want to know how familiar they are with our neighborhood and how long they stay on average. 
Danny Azon New agent self representation/strategy question
21 July 2024 | 2 replies
Plan either way would be to self represent (with a little help) and apply commissions towards closing which is why I referenced being an agent as well.
Rachna Condos Airbnb Cohost or Mgt company
24 July 2024 | 14 replies
They don't care about your property, won't suggest the improvements, and just live of you.I self manage AirBnb in Seattle and hired a remote PM in another property and should admit that if the PM is not local I could do the work and take care of the property much better than a hired PM.
Kerry-Ann Bennett-Smith Boots on the Ground
23 July 2024 | 10 replies
I’m looking to self-manage and turn one of my units into a midterm rental.
Loreen Flaherty Norada real estate
22 July 2024 | 28 replies
Since I am self employed, I was hoping they have a pool of lenders catering to Self employed.
Jeffery Cooper General question regarding lease renewal
22 July 2024 | 8 replies
If you try to just ask them if they plan to leave in January, you might put them on the defensive and scare them out.
Justin R. Share your operating/accounting/tracking software. Lets find something better!
24 July 2024 | 15 replies
I struggled with this in the beginning a lot because I don't self-manage any of our properties so a lot of things that these other softwares provide were overkill and provided way more than I needed.
Jason Griffin Property Managers in Wilmington, DE
24 July 2024 | 6 replies
@Jason Griffin I self manage my city rental, but if you're on Facebook, check out a page called DELREIA. 
Allen Duan STRs MTRs in North Colorado
23 July 2024 | 5 replies
Rather I'm looking for a mature STR market with enough supply that makes it worthwhile for my co-hosting business to bring our services.One variable I'm digging into is how many STRs are self-managed vs managed by a PM or co-host.