Aaron Sweat
ADA Units and Their Market Value
26 September 2024 | 17 replies
While the initial costs are a consideration, the long-term ROI can be favorable if there's sufficient demand in your market.
Gregory Schwartz
Boring Buy and Hold Investors
2 October 2024 | 71 replies
I’m a believer that with sufficient knowledge, and sometimes capital, real estate ownership can be “worked” to obtain an enhanced return on invested capital, WITHOUT increasing risk.
Darrick Lowe
How to split heat and hot water amongst tenants?
27 September 2024 | 14 replies
May be a tough pitch but can happenThis is also pending sufficient space exists to add them.
John Friendas
2nd Property Quadplex
24 September 2024 | 2 replies
I'm looking at fixer uppers that are considered livable (heat, plumbing, etc) and I think my DTI will be sufficient once I get renters on my current quadplex.Just trying to plan ahead, thanks!
Shyam Subramanyan
Cost Segregation for STR properties acquired in 2018, 2021, and 2022?
25 September 2024 | 18 replies
Although, they are based on taxes owed and can be reduced along with the strategy if your liability is sufficiently reduced.
Dennis Smith
MTR-Mid Term Rentals class recommendations
27 September 2024 | 27 replies
I’d conclude that a MTR is a unique market itself, sufficiently different from convention LTR and from STR market to merit it’s own category.
Lisa Sluss
Hard money cash out refinance loan
22 September 2024 | 13 replies
You can exit your hard money loan to conventional with lower rates + assuming you have the sufficient income to qualify.
Jeremy Altdorfer
I'm going from going from duplexes to 24 units and I don't want to F*** it up.
22 September 2024 | 8 replies
Back in the day we carried a balance of $100,000+ that was owed to us and that is now down to only $10,000 or so and we only cover out of pocket if it's an emergency.The PM must have sufficient reserves to do the necessary maintenance work and shouldn't be chasing landlords for money.Just my opinion...Also, a PM's number 1 profit center is maintenance up charge.Landlords don't have much insight and PM's nickel and dime to death on those.If you are suspicious, ask for a receipt so they aren't making up non existent maintenance.Let them make their money tho and calculate that into your expense pro-forma.Otherwise, manage yourself and deal with the $#%^@ that comes with it lol.Multifamily in Ohio, you can get for $25,000 - $35,000 a unit.Drop another $5,000 - $10,000 into the turns and rents should be North of $800pm.Decent area's also.Personally, I wouldn't get out of bed unless I'm making the above numbers.Wishing you much success
Shane Roberts
Advice on Mountain Home STR Necessities
21 September 2024 | 10 replies
But again its about recommending to them to pack a sufficient food and drink supply if a storm is possible.We also to try have ice melt and snow shovels on hand, extra blankets and stuff like that.To mitigate some of this think about a full time back up generator to keep the power.
Trevor Mutepfa
Inner City Properties
19 September 2024 | 4 replies
I have seen multiple properties with low asking prices and sufficient rental income to cover the note.