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Results (10,000+)
Eric Lee Filing taxes for rental property (first timer)
19 February 2018 | 8 replies
We do that exact same thing, and use TurboTax, too, I think it's a great product for rental properties and really simplifies things.
Betseat Getachew Where to find duplexes in the Charlotte metropolitan area ?
19 February 2018 | 2 replies
A lot of Tryon road is where things start to decline in quality.
Reece Alexander Can a lanlord make you provide high speed internet?
18 February 2018 | 8 replies
We have noticed a considerable drop in streaming quality which could be the reason.The weird thing is that electricity and gas are included in our monthly rent, so I don't really understand why he would ask us to provide the internet, he could have done so himself and increased the rent to reflect that?
Michael Papps Newbie with 75k from Hampton Roads/ Norfolk, Va
21 February 2018 | 11 replies
If we spread ourselves to thin, our quality of production suffers.
Shiloh Lundahl Building a Personal Relationship with Tenants - Good or Bad?
20 February 2018 | 55 replies
@Shiloh Lundahl I find it productive to be friendly with Tenants but not friends.
Dave Smith Starting out with HELOC
19 February 2018 | 3 replies
If you are wanting to BRRR, then you can use your heloc to purchase and rehab a property or a combination of that and hard money to find a duplex.I work with a bank that will Cash out refinance once a tenant is placed and will lend based off of the asset and income production, not based of my debt to income ratio.
Christine H. First MF purchase has negative cash flow
20 February 2018 | 19 replies
well first off this being a landlord site.. and a positive cash flow site generally speaking.. most will tell you are nuts to buy this.however if you can get the property to just about break even maybe lose 100 a month or so and you have a prime Socal asset that someone else is paying off your mortgage and you think rents can go up a little.and you can EAISLY self manage based on quality of the unit .. incredible tight rental market.. that mitigates a lot of land lord issues.I mean whats the alternative you go 1000 miles away to make 100 or 200 a month.. is that positive cash flow going to change your life..is 100 a month negative going to change your life.now this is an extreme.. but i owned a home in Palo Alto that i chose to sell back in 91 because it would have been 300 a month negative.. well that negative within 36 months would have been positive.. and i sold for 500k and today that home is worth 3 million.... and once it got positive it probably would have been positive up to 2 to 3k a month coming into the 2010's.... and someone else would have paid for my home.. plus grade A tenants at all times.. being prime Palo Alto.so thats one extreme.. its really only in low to no appreciating markets with tougher tenant bases that turn a bunch that positive cash flow becomes more acute or for those that want to one day live on their cash flow and be in the business of landlording.. thereby acquiring 50 to 100 doors. 
Lyle Cooper Kitchen Renovation Budget for Rental
24 February 2018 | 6 replies
I found a cabinet company called fabuwood that is considerably cheaper and they have quality cabinets and contemporary style.Definitely going to pass on schuler and Kraftmaid - pricing is too high.
Curtis Wortham BRRR in Philadelphia
20 February 2018 | 5 replies
Couple of key points that really separate the 203k from other products include: - ability to finance up to 6 months of mortgage payments while the renovation is being completed if the whole is listed as uninhabitable by the HUD consultant. 
Alex R. Choosing between tenant applicants
19 February 2018 | 4 replies
Think a list of qualifications that applies a weight to each trait:Credit Score - XPets - XIncome - XPrevious recommendations - XLength of proposed lease - XDeposits - XTransunion gives you a go- no go decision but the above may help you grade the quality of each potential tenant while being objective.