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24 September 2024 | 4 replies
Like, they didn't clean the home or change their bed sheets for months type of mess.
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23 September 2024 | 7 replies
I'm looking at 1 bed apartments (near the theme parks). $300k budget.
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20 September 2024 | 28 replies
Investing in Columbus, Cleveland, Akron, and Cincinnati in properties 3+ bed, 1000+ sq ft, cosmetic rehabs for long term rentals.
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21 September 2024 | 0 replies
The property is a 5-bed, 2.5-bath 3800sqft home with a separate area in the back where a woman runs her daycare business.
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23 September 2024 | 21 replies
But the 2 bedroom apartment upstairs covers most of our monthly payment and we have everything we need with a 1 bed apartment setup down here.
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24 September 2024 | 49 replies
Even once when my home was broken into while I was lying in a hospital bed, the landlord made his way over.
22 September 2024 | 8 replies
Back in the day we carried a balance of $100,000+ that was owed to us and that is now down to only $10,000 or so and we only cover out of pocket if it's an emergency.The PM must have sufficient reserves to do the necessary maintenance work and shouldn't be chasing landlords for money.Just my opinion...Also, a PM's number 1 profit center is maintenance up charge.Landlords don't have much insight and PM's nickel and dime to death on those.If you are suspicious, ask for a receipt so they aren't making up non existent maintenance.Let them make their money tho and calculate that into your expense pro-forma.Otherwise, manage yourself and deal with the $#%^@ that comes with it lol.Multifamily in Ohio, you can get for $25,000 - $35,000 a unit.Drop another $5,000 - $10,000 into the turns and rents should be North of $800pm.Decent area's also.Personally, I wouldn't get out of bed unless I'm making the above numbers.Wishing you much success
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21 September 2024 | 10 replies
My quintessential mountain cabin will include comfortable leather furnishings, wood for the fireplace, big coffee mugs, plaid window treatments and/or bedding, extra blankets, and taxidermy hangings.
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22 September 2024 | 22 replies
The differences in bed/bath counts actually do not matter that much, but typically sqft does.If you are off by even $100/mo per unit rent-wise, this could turn an 8% CoC return into a 3% CoC return instantly - in which case you'd have been better off just putting your money in the S&P500 and not a rental property.
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20 September 2024 | 17 replies
Use their market analysis tool to sort by properties similar to yours (#bed/baths, SF, location, amenities, etc.) and look through specific listings to find ones VERY similar to yours.