Clint Harris
I'm selling my long term rentals and buying beach property
3 January 2022 | 150 replies
@Clint Harris- Awesome!
Andy Okamoto
Is investing for appreciation a good idea? (First Time Investor)
17 July 2022 | 15 replies
@Theresa Harris Thanks so much for your input!
Hong Yang
Should I buy an otherwise great property with a leaky basement?
18 September 2023 | 13 replies
Quote from @Theresa Harris: Talk to a contractor that fixes basements and get an idea of cost to repair.
Courtney James
Investing in Cleveland, OH
6 August 2020 | 11 replies
@Courtney James There are two fantastic meetups in Cleveland on the second Thursday of the month at the Harry Buffalo in Lakewood and the last Thursday of the month at the Melt in Independence.
Ann Nguyen
Kansas City neighborhood recommendations
11 January 2022 | 10 replies
@Javen Harris Hi, Javen!
Quan Chau
Tenant got charged $3000 water bill. What would you do/recommend?
26 August 2023 | 35 replies
@Theresa Harris.
Harry Brodsky
How much did your gut rehab cost you?
23 February 2020 | 1 reply
@Harry Brodsky we just completed a gut rehab. - What was the extent of your project?
Riley Harris
Am I Analyzing Properties Correctly?
1 September 2023 | 14 replies
Quote from @Riley Harris: Hey, I could use some pointers on whether or not I am doing analyzing the cash flow on properties correctly (or whether or not I'm even on the right track).I'll provide an example property: 3 bed 2.5 bath townhome listed at $265,000I project that the rent should at least be $2050 (when renting rooms individually).If I offer a maximum of $250,000, then 250,000 x 0.08 (targeting the 0.8% rule) = 2000 ... so this meets that rule of thumb, now I can continue evaluating.Calculating NOI:Scheduled Rent.....2050Vacancy (5%)..........(102.5)HOA.........................(174) [Covers lawn, water, sewer]Repairs (5%)............(102.5)Taxes........................(170)Home Insurance.....(93)Electric.....................(150)Prop Mgmt (11%)...(225.5)CapEx (10%)............(205)-------------------------------------NOI: 2050 - 1222.5 = 827.5 Income - Mortgage = 827.5 - 1264 = -436.5 Cash Flow Per MonthQuestions:- Am I analyzing cash flow accurately?
Thomas Fey
Property management fees
13 September 2023 | 17 replies
Quote from @Theresa Harris: I get that a PM will say it is extra work to collect late rent, but if that is paid out late to the owner, they also have a cost.
Patrick M.
I Don’t Want Tenants Modifying Property (ring lights, tv on the w
24 July 2022 | 12 replies
Quote from @Theresa Harris: Option 1.