Kyle Schachsieck
Thinking of refinancing
31 December 2024 | 10 replies
Better to concentrate on decreasing expenses and saving for now.
Tyler Davis
QuickBooks Plan for Managing Rental Properties
7 January 2025 | 3 replies
If you only have one LLC and don’t need entity tracking, you could get a lower subscription and categorize your properties as ‘customers’, then units and tenants would be sub-customers.Simple Start would allow you to invoice your tenants (if desired through QBO) and produce basic reports.
Devin James
We Need Higher Density & Smaller Homes - Thoughts?
12 January 2025 | 54 replies
I know, big expense right.
Stephen Fleming
Newbie Plan. Thoughts?
14 January 2025 | 9 replies
.- So, you may want to consider locking in an interest rate via a 2nd mortgage.Do you have reserves for unexpected expenses?
Levi Cartwright
Looking to buy first rental!
6 January 2025 | 7 replies
i understand a true duplex might be a lot more expensive, but i think it's at least worth continuing to research and keeping an eye on.and sticking to my original point, OOS can be tough.
Zachary Young
Where To Buy My First Rental Property
17 January 2025 | 35 replies
For the most part, due to interest rates, breaking the 1% cap rate still won't provide positive return after expenses.
Account Closed
Non QM lending
9 January 2025 | 7 replies
They are more expensive than conventional, but not by a huge amount.
Bruce Reeves
Sell rental now?
16 January 2025 | 6 replies
If I can park the 388k ($415-27k) for one year at CD rate of 4.5% and then est 300k (after paying cap gain/depr recap) at 3.0% (assume CD rates lower) that interest income of about 24 months net of ordinary income tax is about the same as my current mortgage.Trying to play devil's advocate and think why selling this year does not make sense.
Gregory Schwartz
What is a good occupancy rate for MTR
9 January 2025 | 8 replies
I've had them long enough to keep pushing up rents so that I am at the top of my niche, but know not to exceed it because I'm just about at the point where if I raised rents another $50-$100 I'd be crossing over into the lower end for larger units.
Marc Shin
How to market to ideal guests or Avatar during the dead of winter
2 January 2025 | 12 replies
Make the place nicer or lower the price to get bargain shoppers.