Nadine Wallace
Advice on temporary security cameras during rent-ready repairs on long-term rentals
16 January 2025 | 7 replies
You can buy a set of five for under $300, subscription for the recording software is $10 a month, then the cost of WiFi or hotspot.If you've already had a couple break-ins, you are obviously in a high-crime area.
Raymond Kalonji
Are My Screening Criteria Unrealistic for Section 8
30 January 2025 | 5 replies
I know many landlords set a credit score threshold around 580-600 for Section 8 tenants since the program provides a rental guarantee.
Rob Anteau
How Can I Improve My Welcome Basket Guests?
6 February 2025 | 18 replies
Right now, I include a few essentials (bottled water and some snacks), but I want to make it more thoughtful and help set the tone for a great stay.For those of you who offer a welcome basket, what items have you found to be the biggest hit with guests?
Zachary Young
Where To Buy My First Rental Property
30 January 2025 | 56 replies
However, from my research, it's extremely difficult to find any cities where the properties cash flow other than places like Cleveland which has its own set of drawbacks.
Jason Lopez
Do I need an LLC for my rentals?
2 February 2025 | 10 replies
If you plan to grow your portfolio, consider setting up separate LLCs for each property to shield them from liabilities tied to others, though this adds complexity and costs.
Brandon Blackmon
Rates for a GC
1 February 2025 | 13 replies
Quote from @Brandon Blackmon: @Bruce Woodruff 100% the answer I'm looking.... a solid GC, has a 20-25% markup to I would for sure know going into this that these are private companies and they can set their own fees.
Grant Shipman
A Parable: The Investor Who Wouldn’t Let Go
7 February 2025 | 0 replies
But no matter how hard he works, he can only plant so much before exhaustion sets in.""
Cortney Jones
7 units available in Tucson - 7.53% Cap
7 February 2025 | 7 replies
If you have a lot of interest, I would set a time for a bunch of investors to come in.
Thanh Lu
How to screen guests who book directly instead of Airbnb, VRBO, etc
15 January 2025 | 12 replies
Setting up direct bookings is a great way to avoid platform fees!
Bryce Cover
Analyzing the Impact of Selling vs. Renting My Property
6 February 2025 | 3 replies
Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.