Taylor Cook
Need Books help ASAP
7 October 2024 | 5 replies
Hiring a bookkeeper to watch the income/expenses is like hiring a gardener to tell you how many roof shingles are laying on the ground after a wind storm instead of hiring a roofer to repair the roof.I recommend that you look for a quality property manager who can maintain the properties and help with the bookkeeping.Start by going to www.narpm.org to search their directory of managers.
Dilcia Morales
Recommendations for STR Insurance in Florida
5 October 2024 | 2 replies
Also just keep in mind characteristics of the property that carriers wish to avoid such as roofs 10+ years old, old/recalled electrical panels, no impact windows etc.
Alan Asriants
Is this an end to Wholesaling?
30 October 2024 | 236 replies
The fact of the matter is you’re claiming to be justified in your defensiveness when you’re not actually a wholesaler… yet anyway… lol if you succeed while doing things properly come back and scream it from the roof tops… While I casually said hiding the fine print from a senile old Man, they don’t have to be in fact senile to pull the wool over their eyes.
Sureen Hari
Buying and maintaining property expense tx vs ca
4 October 2024 | 2 replies
Was wondering other stuff like property management expense like getting a handyman to fix something or roof changes etc, assuming they are a bit more.
Grant Nash
Please Help! - What am I missing with Cash-out Refinance?
5 October 2024 | 5 replies
It needed a new kitchen, new bathroom, new floors, a new porch roof, and needed to be totally rewired.
Tanya Maslach
Advice on deal in Denver
6 October 2024 | 5 replies
What's the condition of major systems like plumbing, electrical, and roofing?
Austin Lukes
Class C Tenant Criteria
4 October 2024 | 7 replies
Obviously there won't be any 100% "safe" tenants, no matter how much vetting you do, a job loss etc. could always happen to anybody... but I feel like having one at all simply shows that they didn't prioritize keeping a roof over their head for one reason or another, among other issues.Everything else from that post, if I am referencing the same one, seems fine to me.
Gagandeep Singh
Is there any market that still meets the 1% rule?
8 October 2024 | 36 replies
I would rather own 6 to 10 high quality appreciating properties than 20 to 30 lower priced rentals (e.g. replacing all those roofs, HVAC, all the tenants, turnover and property management fees).
Jimmy Jarjour
House Hacking in San Francisco
4 October 2024 | 27 replies
I find it hard for the numbers to work if I only put 3.5% or 5% for down payment as the monthly payment will be through the roof.
Ben Stanley
House hacking when you currently rent?
4 October 2024 | 11 replies
I would focus on getting that househack first.You can take advantage of a lower downpayment, get a roof over your head, and an investment property all in one.