
11 July 2019 | 10 replies
Typically this is going to outpace cash flow by quite a bit, but because of the lack of cash flow, you have to retain liquidity to handle any major expenses that come up.For instance... if you BRRRR a $75k home that rents for $900/mo and refinance all but $10k back out your probably looking at about $4,000 in cash flow over 5 years if you have a vacancy or two.

27 September 2016 | 6 replies
I realize there is no one size fits all way of doing things but as long as you touch the major points like employment, criminal and any evictions then that should be enough.

3 October 2016 | 11 replies
Gino literally wrote the book on mom and pop apartments....Wheelbarrow Profits.Look for...Below market rentsOvergrown or not maintained landscapingDeferred maintenance on the exterior facadeNo online presence or marketing (word of mouth or signage only)All white interior paint schemesDated lighting and plumbing fixtures100% occupancy (can suggest below market rents)All rents in increments of $25 (a lot of money to be made in smaller increments)2 - 10 year residents at rent rates below new tenantsNo late fees in the P&LSelf-managing (tiring)Self-maintenance (a lot of work)
1 October 2016 | 3 replies
I use cozy.co for tenants paying online, it's very useful and it has some good resources.

28 September 2016 | 6 replies
We purchased windows online from windowliquidators.com.

10 February 2017 | 25 replies
Cincinnati has two major sports teams and for a city its size that's a big deal.

30 September 2016 | 14 replies
Put them out at major intersections in your area.

27 September 2016 | 4 replies
If the other tenants pay online, then no bank runs will be necessary.

27 September 2016 | 2 replies
I am going to do a walk-through on a FSOB 3 story triplex (3beds, 1 bath per floor) that is within walking distance of a major college.

27 September 2016 | 2 replies
They have now learned that the home is in disrepair and needs major renovation to make it livable.