Fareen E.
Refusing a Tenant Prospect Before Showing/Application
13 January 2025 | 31 replies
Showing ID is not only a safety measure for yourself and the other person, it also helps to reduce fraud if someone is unwilling to provide identification and is being this difficult with a simple ask, then I would also question whether or not they would be a good fit as a tenant
Elan Adler
My experience buying a turnkey cash flowing (kinda) turnkey rental outside Huntsville
19 January 2025 | 18 replies
$9k/$72500=12.4% Rate of return (not including any closing costs which would reduce this return).
Jonathan Greene
How to Diversify Your House Hack to Recoup More Cash Flow
30 December 2024 | 4 replies
Unit 4 - short-term rental (this would be best for a unit with a separate entrance so you reduce the bother to other tenants because the changeovers will be more here)Is anyone doing all three (LTR, MTR, STR) in their multi or house hack now?
Gene Jung
Mortgage recasting ...when to do
25 December 2024 | 5 replies
My strategy (at the time) was to aggressively pay down my mortgage, and the recast allowed me to reduce the monthly committed amount.
Roy Gottesdiener
Pulling out equity will kill my cash flow but I want to grow my portfolio
31 December 2024 | 9 replies
I'd also suggest considering a partnership if you feel comfortable with that in order to reduce the risk completely on you.
Dave Meyer
Recent Syndication Performance?
24 December 2024 | 5 replies
Many other projects have reduced or suspended planned CF distributions and I've also had a few capital calls in which I did participate since the business case still made sense (the MF in Florida had a capital call to finish construction and get through stabilization and it still returned the 32% IRR).I expect almost all of the deals to be OK, just later exits than originally projected.I am very concerned about one project and have already written it off in my head.
Scott MacComb
Contract with general contractor on house flip
31 December 2024 | 13 replies
This reduces their upfront cost so they don’t need a large deposit.
Aidan Williams
Cleaner Making More than Property Manager
28 December 2024 | 12 replies
That said it is possible that you need to evaluate your stays and decide if it is worth taking shorter stays or sticking to some longer stays to reduce your time commitment and maximize the revenue for time invested.
Matt Weddon
Legally Rejecting Applications
2 January 2025 | 18 replies
If your leasing application process is thorough and well thought out, and if your lease agreement has been well drafted by your local attorney and if it includes clauses that permit you/your property manager enough latitude to maneuver and anticipate undesirable tenant behaviors, both actions and inactions, and you have operational processes which align with enforcement of your lease, then you've done all you can do to reduce this inherent risk of an undesirable tenant.
Joseph Kirk
Advice on entering the fix & flip industry
5 January 2025 | 17 replies
Energy Efficiency ImprovementsInstalling energy-efficient windows, doors, insulation, and HVAC systems can appeal to modern buyers who want to reduce utility bills.