Jonathan Weinberger
I bought 1.5M worth of property in Detroit... Here are the numbers.
3 February 2025 | 56 replies
Good luck Total Rents Collected: $23,025/mo Debt Service: $12,358/mo (sad for me. 8% interest rates lol) Property Management 10%: $2,303/moReserves (Vacancy 5%, Maintenance 10%): $3,454/moPhantom Cash Flow: $8,365/moTrue Cash Flow: $4,911/mo (Money I can legit burn) bob as you probably know I owned a few hundred of these types of homes from DetroitCleveland to Jackson ms Birmingham balt city etc etc.
Jennifer Fernéz
Just starting! Have a couple questions for the tech gurus out there.
4 February 2025 | 1 reply
I take a picture of their driver's license.I ask for phone numbers that accept texts and any alternate land or business phone numbers.I ask for the names and birth dates of anyone under 18, and ask if there are any service / emotional support animals, together with their names and breeds.I also ask for personal references, previous landlord contact info (and length of time there), employer contact info (and how long there, together with earnings), as well as the name and contact information for their manager / boss.
Christopher Stevens
REI Nation Property #4 - 7320 Marrs, TX - Thanks REI Nation!
7 February 2025 | 16 replies
Still, we appreciate you and the entire REI team for your support and excellent service.
Zoe Brennan
New Agent & Aspiring Investor
6 February 2025 | 16 replies
If you find someone that seems to know a lot of people needing your services, wouldn’t it make sense to focus more resources on them?
Clare Pitcher
Flat Rate vs. Percentage Based Managment Fee
30 January 2025 | 19 replies
That is done via placing the highest quality tenant possible, keeping issues to absolute minimum, keeping maintenance and service calls to minimum, because to make it work properties have to operate on cruise-control.
Nina Erlandson
Has anyone used Obie Insurance?
28 January 2025 | 56 replies
Always good to know of other companies who provide products and services!
Ngozi Iwunze
Renting vs selling Cumberland, MD
6 February 2025 | 5 replies
In Cumberland, a good 60+ % will qualify for this service.
Josh Buchanan
Any reviews of RentRedi?
19 January 2025 | 51 replies
There is only a $3 difference increase to move to RentRedi, but the customer service is amazing.
Andy Jimenez
New Investor looking forward to network
26 January 2025 | 2 replies
When the whole covid shutdown occurred, I dropped out of college to help my father's service business maintaining and remodeling residential and commercial buildings.