Deborah Wodell
How Are You Covering Down Payments & Closing Costs for Your Fix & Flip Deals?
10 December 2024 | 8 replies
I would agree with Chris, I would not use debt to cover all costs and then hope to get a good pop on the sale to cover all the debt, payments and still have some in the end to make a profit to do it again.
Bryson Owensby
When to take profits out of Rental?
21 December 2024 | 18 replies
A good rule of thumb is to keep 3-6 months of operating expenses in your rental account as a cushion.Once you’ve got that covered, you can start investing the excess.
Clare Pitcher
Flat Rate vs. Percentage Based Managment Fee
30 January 2025 | 19 replies
I've argued for this and the powers-that-be do have a good argument that they are still active just in other ways, how to cover labor and actions during that, etc..
Greg Barber
Need to buy more rentals! How to finance them?
26 December 2024 | 3 replies
Our goal has always been to bring in enough cash flow to cover ALL of our living expenses.
Preethi S.
Difficult Property Management company
3 January 2025 | 8 replies
The above also doesn't cover the dozen times I asked via email and phone for more regular communication.
Randall King
Sell or hold?
23 December 2024 | 7 replies
I know taxes and insurance have gone up a lot in that time so I understand that problem but the solid rent increases in that time have been able to cover most of that (at least for me it has worked out).
Brady Ascheman
Should I keep inherited tenant?
2 January 2025 | 15 replies
If the rent payment covers your mortgage and you have a good tenant, why would you get rid of them to take on the expense of unit turnover, because you will have to do one, and the 5% vacancy loss just to increase your rent $150 per month?
Joseph Lavoie
Creative Downpayment Options for Commercial Loans
24 December 2024 | 2 replies
Outside of raising money from others or seller financing, I am looking to see if there are private or other lending options that could cover 10-20% of a downpayment on these loans with a shorter loan term of say 5 years.
Sofia De Santos Tavarez
How do you determine a scope or work and what materials to buy?
26 December 2024 | 13 replies
You'll have proportionally less upside and thus less room to cover errors and overruns on a project with a new team you'll be far away from.
Sidra Amir
After 10 months of stay, tenant is asking to get bed bug inspection done
7 December 2024 | 8 replies
Your tenant stayed somewhere with bed bugs and brought them back in their clothes/luggage, or they bought used furniture that already had bed bugs.