Mat Kiisk
Investors in single family residence in fractional shares in Marin county California
31 January 2025 | 0 replies
There will be no assessment for increase in taxes or insurance so remains at $1935.
Chinku Chinku
Need Advice on refinance and long term plan (First Time Investor)
23 January 2025 | 8 replies
Thanks in advanceDown payment: ~90k (25% downpayment)Rent per month: 2300 (5Bed, 4 Bath) with 2100sqftProperty management: ~150 (monthly)Outstanding loan around : ~268k (7.675% APR) 30years fixedLandlord Insurance: 1500$ (per year)HOA: 1600$ (per year)Keeping an eye on interest rates for refinance, so I can then move this property to an LLC instead.
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
Most cost segregation firms will provide a free cost/benefit analysis quote to help you determine if the tax benefits from the study will outweigh the costs.
Michael Fucillo
Feedback on Rentvine
7 February 2025 | 21 replies
@Greg Abel Ive been using AppFolio for about 2 years now (took over from an old school firm that did everything by paper and had minimal record keeping at best).
Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
IE securing them paying tax's insurance etc etc.
Ryan Roth
$20k to invest
5 February 2025 | 14 replies
I would recommend opening up a brokerage account with Schwab, Fidelity, Vanguard or any other large firm like this.
Bruce D. Bolton
Converting a 4 plex to condos
7 February 2025 | 13 replies
You'd also need to establish a budget, and secure a master insurance policy. i THINK you need to do these things before reaching out to your municipality to have it converted officially with the county or city but they would be the first ask for steps in order.i will add, this would make financing on these units a bit challenging, as in the mortgage world, at least initially, they would be considered "non-warrantable" condos.
Eric Coats
Running STR #s for Newbie
29 January 2025 | 20 replies
I own a property management company in WA, including Yakima.Here’s a rough breakdown of costs:- Management: 15-30% of revenue- Cleaning: $100-$200 per turnover- Utilities: $150-$300/month- Maintenance: 5-10% of revenue- Insurance: $1,500-$3,000/yearTools like AirDNA or Mashvisor can give you a solid idea of income and occupancy.
Emma Whear
Duplex - lots of sweat equity!
7 February 2025 | 0 replies
Insurance was way more expensive this time—which I've heard is a nation-wide phenomenon—and it's the first time since the NAR settlement that we've purchased, so we had to cover part of our agent's compensation.
Scott Cash
$5,000,000 - What would you do?
7 February 2025 | 1 reply
Any impending Insurance coverage or increases?