Nicholas Graphia
Rent Hacking Plan, Help Me Evaluate
29 November 2019 | 10 replies
Here's my plan: Rent a nice 2 - 3 bedroom house in New Orleans, in a desirable neighborhood, and rent out the extra room(s) to carefully screened professional type roommates.Hypothetical Numbers for 2 bedroom house:Cash Outlay:$1,500 deposit$4,500 (3 months rent set aside as cushion in case of vacancies)$1,500 for furniture purchase-Find roommates through Facebook marketplace and/or personal network.
Sharon Miller
New Tenants want a walk through week before move in. Trap?
15 July 2020 | 34 replies
I’ve had tenants excited to move in and measure for furniture and such.
Charles Stein
Moving outlets from baseboards?
12 July 2020 | 3 replies
Keep them where they are not only because of the above, but because of decorating options and furniture placement.
Chan K.
Getting Tenant Information
13 July 2020 | 4 replies
On top of that, he refuse to pay any rent increase or violation fee like throwing furniture in the yard .. etc Just a very unpleasant person to work with.
Jack B.
Hardwood flooring: does this look like normal wear and tear?
13 April 2020 | 40 replies
Provide felt furniture sliders for heavy furniture items at move in?
Jane S.
They want to pay 12 months in advance is it red flag
8 April 2020 | 30 replies
Anyone that needs to move in tmrw, is buying all new furniture, has no rental history because they just sold their house, wants to pay in advance etc etc.
Teresa Ong
AirBNB vs Long Term Rental
11 November 2020 | 5 replies
I can make what I would with a long term tenant based on 30% occupancy rate but when I factor in furniture, utilities, internet, cleaning etc, my first year numbers show up around about 755-80% of net revenue of long term tenant.
Sean Witherspoon
Tenants Broke the lease, trashed, and vacated the Property | WTD
12 November 2020 | 31 replies
It's my job to buy the furniture and such.
Account Closed
Barely breaking even on rental property
16 June 2023 | 41 replies
If you plan to rent short term, you also need to account for utilities/cable, any up-front costs of furniture, kitchen supplies, etc, PM fees if you're going to have a PM, booking fees if you plan to self-manage, and as others have pointed out you need to have a replacement reserve.
Nathan McDonald
Security Deposit Questions (Minnesota)
13 April 2020 | 17 replies
I had to remove a piece of their furniture myself.