Kayla M.
Looking for Guidance and Help to Get Out of a Baltimore Property
2 January 2025 | 53 replies
S8 is an option if it's in good condition.
Collin Hays
Best Practices on cancellation credit card chargebacks?
15 December 2024 | 15 replies
We are able to demonstrate seemingly everything that the credit card company is asking for - the reservation details, the fact that the guest accepted our terms and conditions, and timestamps for all, including IP address.However, the credit card companies are taking it one step further now.
Kris Lou
PM Fees in Indy
19 December 2024 | 5 replies
@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)
Rick M.
What to do if tenant falls a month behind
25 December 2024 | 12 replies
In that case I write off the lost rent as cost of doing business, but I prefer that to the expense and hassle of an eviction, which typically ends up costing us more and takes longer, even though Milwaukee is still pretty landlord-friendly.I have also done cash for keys, but typically very conditional.
Sebastien Tinsley
Looking to begin my journey into REI
13 January 2025 | 45 replies
I tend to use 8% for vacancy, 5-10% for repairs depending on the condition of the property, and 7-9% for cap ex.
Peter Albert
Canton Ohio a good area for investing ?
19 December 2024 | 21 replies
Hi Jordi, The conditions of city neighborhoods have not changed much from opinions previously stated on this thread by my fellow local investors.
Brian Kantor
Any multi-game arcade machines/vendors you'd recommend?
1 January 2025 | 27 replies
I have read that the best and most cost effective way to purchase games is to visit local arcades and barcades and ask they have any games that are not in use but in good working condition that they can sell you.
Stephanie Menard
Expensive lesson by leaving one clause out of rental agreement
19 January 2025 | 41 replies
I'm sure your lease and the law require the tenant to return the property in the same condition it was received, minus ordinary wear and tear.I would file again.
Rafael Ro
What are some realistic tenancy terms and maintenance costs (turnkey)?
19 December 2024 | 5 replies
While the numbers they provide might make sense under specific conditions, it’s always a good idea to apply a more conservative approach to ensure you’re prepared for the unexpected.For vacancy, the tenancy averages they’ve shared (3.8 years for C class and 6+ years for B- class) aren’t out of the realm of possibility, but I’d treat them with caution.
Felicia Richardson
Land Purchase Down Payment
21 December 2024 | 12 replies
No conditions regarding future construction. 2.