Mike Gi
6 unit 3 story 1 bed 1 bath in Midtown Sacramento
31 December 2024 | 13 replies
How much can you budget for furnishings and all kitchen items and creature comforts for the ones you want to MTR.If you have a vacant 6-unit, you have great possibilities to try all strategies.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
31 January 2025 | 47 replies
@Mary Jay yes and that’s counting even big ticket item repairs averaged out so my monthly is actually higher.
Mohammed Islam
Seller trying to keep EMD, financing fell through.
1 January 2025 | 8 replies
I am only familiar with the contract in my state but items seller agrees to do based on inspection findings are their responsibility unless spelled out differently.
Thanh Lu
For owners, self management vs hiring a vacation rental company?
31 January 2025 | 19 replies
But, on the other hand, if your life is very busy with your w2 job or you have a family to take care of, then maybe having a property management company will do you well and just worrying about larger items.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
I then would have my tax cpa enter in or do it after discussing tax based items (depreciation- MACRS, reserves, year end accruals, reserves, etc.).
Dahrian Barrett
What to give to Appraiser?
26 December 2024 | 2 replies
That's it, but a) print out a page for each property you think is comparable, b) make the list of repairs long and inclusive of everything you've done. c) Put larger items first like kitchen remodel......and don't just say 'kitchen remodel', list things like 'custom backsplash tile/Bosch appliances/recessed can lighting/pot filler/etc. d) Cite the price/value of the work done, and don't be afraid to be generous.
Kyler Tarr
Knob and tube wiring
27 January 2025 | 18 replies
The good news is that this is the perfect hidden health and safety inspection item with which to negotiate a price reduction.
Elizabeth Leb
What would you do with 20k?
9 January 2025 | 28 replies
First off, all high skill requiring items let's remove those.
MIchael McCUe
Is debt relief a good idea, filing bankruptcy
9 January 2025 | 14 replies
Pay $2 to $4 per item.5.
Ryan McKay
The Next Deal...
29 December 2024 | 24 replies
If I scale to a point where I no longer have time and have to outsource, that line item is already accounted for and the property will still be profitable.