David Shaun
Hit $200K in Cash Flow in 2024
16 January 2025 | 38 replies
Thank you Eric.In addition to the rental properties, my wife and I have a paid off house, paid off car, and about $1.4m in retirement accounts, brokerages, and savings.We live in a HCOL area and our expenses are $9.5k per month even though we live pretty modestly.I set out initially to have real estate pay for at least some of my expenses in order to give me more freedom and financial security.
James Masotti
Project management software - how do you manage your projects?
17 December 2024 | 17 replies
These softwares have a lot of functionality, but honestly there is a steep learning curve and the functionality is probably overkill for most rehabbers.FlipperForce - Web-based House Flipping Software built specifically for flipping & rehabbing houses w/ Estimating, Gantt Scheduling, Task Management & Budget ManagementGeneric Project Management SoftwaresThere are nearly an infinite amount of potential generic Project Management softwares available that provide powerful functionality for managing project schedules, tasks & documents.
Grace Norton
Help! Need advice - screening my first tenant
27 December 2024 | 9 replies
Depending on the application, first, last, security, and another month or two.
Christian Jones
Best Property Managers in Columbia
26 December 2024 | 5 replies
Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
Don M.
First time with new construction: Cape Coral, FL
20 January 2025 | 204 replies
Also, private provider plan review is an option and reduces the lead time for getting a permit.You can check the status of your permit applications using the City of Cape Coral web portal, link below.https://energovweb.capecoral.gov/EnerGovProd/selfservice#/ho...
Najeh Davenport
Need Advice on Appraisal Issues and Refinancing Options
15 January 2025 | 12 replies
Thanks for the feedback—it really makes me step back and think about this whole situation.To answer your question about the hard money loan: I went that route because I needed to close quickly, and hard money was the fastest way to secure the deal.
Keith Richardson
Should I open an LLC for each property?
24 December 2024 | 9 replies
The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.
Robert Zajac
Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
Scott MacComb
Contract with general contractor on house flip
31 December 2024 | 13 replies
If your project qualifies for EPP (Express Permit Program), then you don’t have to secure permits in the traditional way.
Charles Evans
New House Hacker, Need Tips/Reassurance Please!
29 December 2024 | 15 replies
To stay secure, I’d recommend saving 3-6 months of mortgage payments, budgeting for repairs, and possibly investing in a home warranty.