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Results (10,000+)
Travis Schmidt Padsplit pros and cons
19 May 2024 | 15 replies
After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.
Franklyn Benjamin Local Newbie Seeking Knowledge
19 May 2024 | 5 replies
Having an accountability partner is very important to make sure you stay on track
Alyssa K. Cozy allowed payment reversal that withdrew previously paid rent
22 May 2024 | 90 replies
It could be worth considering a shot at an actual software solution built for DIY landlords (1 - 15 units); one that helps you to automate your own rental process (ie. compared to other tools, one that helps you to actually get it listed on 10+ major listing sites, allows you to schedule showings, provides you with super thorough tenant screening options, online digital leases which can be customized and help you by breaking out those fees, automated maintenance tracking, and fast rent collection which also offers your tenants the ability to report their positive on-time payments to the major credit bureaus; just another positive reinforcement/added incentive to get them to make those payments on time).
Juan Lizarazo Book keeping software advice!
18 May 2024 | 11 replies
Because it's a banking and bookkeeping platform I can set up individual bank accounts quickly and easily in Baselane and keep track of revenue and expenses for each property and easily run basic and customizable reports.
Matthew Spiers Cap-Rate Qualifying Loans
18 May 2024 | 4 replies
Instead, they typically employ a sales comparison approach to determine the property's worth, using the income to calculate the DSCR, which usually needs to exceed 1.0 for most lenders.Assuming you have a solid track record with the property and there's enough equity in the deal, leveraging the After Repair Value (ARV) on a sales comparison evaluation could enable you to refinance into a bridge loan until the necessary work is completed.Maybe a mortgage broker specializing in traditional loans could offer insights into construction-to-permanent loans
K James ADU Project - Spend $30k On New Sewer Improvements Or Install Sewer Injection Pump?
19 May 2024 | 8 replies
There was some minor root intrusion at the very front of the property and this tracks with my service plumber who last came out ~2 years ago and cleared some roots when the back house was experiencing back ups. 
Joseph Schommer Marijuana grow in SF rental garage
19 May 2024 | 14 replies
I definitely need to stop this in it's tracks so the smell doesn't TOTALLY infuse the place@Bjorn Ahlblad  I guffawed when I red your reply! 
Dominic Mendolia assisted living/senior living
19 May 2024 | 90 replies
@Justice JacobsThis opportunity was teed up for us, but our business partners with the operator’s license and know how backed out due to the an extreme increase in insurance premiums that really tore into our return.
Chase Cline Should You Form a LLC for Each Individual Rental Property?
20 May 2024 | 88 replies
Previously, I let one LLC own 2 properties and share the bank account but it was a pain keeping track of which expense was for which property.
Nicole Wang Hello all - multifamily is "Pay to Play" - Which Multifamily GP operator as Mentor?
19 May 2024 | 21 replies
Any active investors with good track record you'd recommend that would allow someone newer to participate in the deals through help raise capital?