Matt Williams
sell or hold duplex?
20 January 2025 | 4 replies
If maintaining cash flow is your primary objective, you might want to explore other options.
Cody Caswell
Your Design Doesn't Always Have to be BOLD!
18 January 2025 | 3 replies
Study what has sold at a solid price and quickly.
Bruno P.
Screening Fee amount (is it OK to charge more than $25 in WI?)
30 January 2025 | 0 replies
Additionally, ATCP 134.05 says that if the tenant provides a consumer credit report from an agency that compiles and maintains files on consumers on a nationwide basis and it is less than 30 days old, the landlord may still run a credit check but at its own expense.When I inquired with the company, they replied: "These laws are in place to ensure that you, as a landlord, are not profiting by incentivizing multiple applicants to apply when you have no intent to rent to them.
Nicholas Stout
Landlord getting into section 8 rentals. Any Tips?
18 January 2025 | 19 replies
They don't communicate well, don't take responsibility for their actions, do not clean or maintain homes well, and will shaft you when it's time to leave.Other than that, it's a pretty good system.
Christina Galdieri
Seeking Advice: Combining Business Needs with a New Property Idea
24 January 2025 | 5 replies
Maintain - includes taxes and insurance?
Matt Greenfield
Electrical Question: Can I pull wired, Old Work Electrical boxes through new drywall?
29 January 2025 | 1 reply
These are the boxes with the deployable wings that can be fixed into drywall, rather than needing to be nailed into a stud. I
Kevin G.
Investing out of state doing BRRRRs
27 January 2025 | 12 replies
Bonus points if they’re used to working with investors or can help keep costs in check while maintaining quality.Cheers,Kevin I would say this about BRRRRR, especially as a newer investor.
Kenneth Joseph Perfido
Creating LLC in a new state
29 January 2025 | 2 replies
Registering as a foreign LLC allows you to maintain continuity with your existing business structure, branding, and EIN while operating legally in the new state.
Bryan Zayac
Residential Development Costs
17 January 2025 | 2 replies
And hopefullt you won't need a traffic light, which costs in excess of $100,000, though you will be required to do a traffic study.
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
Principal Paydown: $2,441 Total Gain: $58,317 ROI: 360.32% (on $16,185 upfront investment: 3.5% down payment of $8,715 + 3% closing costs of $7,470).Year 2 Analysis Cash Flow: -$752 Home Appreciation: $6,120 Principal Paydown: $2,617 Total Gain: $7,985 ROI: 49.34%.Year 3 Analysis Cash Flow: -$375 Home Appreciation: $6,242 Principal Paydown: $2,806 Total Gain: $8,674 ROI: 53.59%.Year 4 Analysis Cash Flow: $9 Home Appreciation: $6,367 Principal Paydown: $3,009 Total Gain: $9,386 ROI: 57.99%.Based on these numbers, you’d have negative cash flow for the first three years and only break even in Year 4, assuming a 2.5% annual rent increase.Adjusted Scenario see second picture: Landlord Covers Gas and WaterIn the second scenario, I assumed the landlord would pay for gas and water at $300/month while maintaining the same 2% home appreciation rate.