
24 July 2024 | 9 replies
While most of this year has been a challenge, this fall is looking far better in the Smokies, at least for the properties that we manage.

24 July 2024 | 1 reply
This question came up in discussion between an investor and a property manager in which the investor was complaining about the difficulty of running out of funds and finding it difficult to get a line of equity against investment rental homes.

21 July 2024 | 9 replies
And they would have added 86k in total return in that year.As an investor that built up a nice portfolio after the bust through covid where I got to 83 sfh's, the returns on these str's, are just silly.

25 July 2024 | 14 replies
@Nilusha Jayasinghe We also use SmartMove's tenant screening through our property management software, Innago.

24 July 2024 | 4 replies
Ease of management and maintenance, lower costs of capex.

23 July 2024 | 10 replies
This is a great forum, but don't be surprised when Joe from Ohio, who read a Carlton Sheets book in 1988, tells you how to set up a depreciation schedule for your portfolio only to have it bite you in the butt simply because you didn't want to pay your CPA.
23 July 2024 | 42 replies
For managing I dislike studio and 1 BR but they have best NOI for highest dollar at exit.3d printed structure are cheaper than conventional build and less prone to disasters.

24 July 2024 | 1 reply
High paying local jobs.Monthly cash flow: $306 /moIncome: $2,250 /moExpenses: $1,943 /moCoC ROI: 2.69%5-year annualized return 4.91% Mortgage payment $1,394.53Rental income: $2,250/mo Expenses: $1,943Loan detailsTotal cash needed $136,739Purchase price$ 336,990Loan amount $206,990Loan term 30 yearsInterest rate 7.1%Monthly expense breakdownTotal expenses $1,943Mortgage $1,395Taxes $280Insurance $47Variable expenses $180Fixed expenses $42Monthly Fixed expenses: $42 electricity $0gas $0water & sewer $0hoa fees $42garbage$ 0Other$ 0Monthly Variable expenses $180Vacancy $180Maintenance $0 (new construction)CapEx $0 (new construction)Management fees $0 (self manage)ReturnsNOI$ 20,412CoC ROI 2.69%Pro forma cap 6.06%Purchase cap 6.06%

22 July 2024 | 2 replies
Learning how to manage a house you've purchased is far more complicated.

24 July 2024 | 6 replies
Real estate investments, when managed wisely, can provide a steady income stream through rental properties, potential tax advantages, and the possibility of significant appreciation in value.To maximize your success, it's essential to conduct thorough research, understand the local market, and seek advice from experienced professionals.