Adam Zdunek
Property Management Companies
13 September 2013 | 4 replies
Only time will tell if they are as competent.TBH, I think it will wash out being that the PMC I've hired is more competent in some areas and less competent in other areas.
John Lawrence
New Member, interested in some advice
17 December 2018 | 7 replies
The financials are as follows:TSP(Government 401k): approx $40kInherited IRA: approx $115k (withdrawals affect taxable income levels)Cash: approx $10k (recently paid off ALL consumer debt including car, so building this up at a rate of about $2.5k/mo)Precious metals: probably about $20k worthReal Property: 4 houses#1: Single familyCurrent Mortgage: $163k (PITI = $970/mo)Estimated Value: $160kRent: $1195/mo#2: Single FamilyCurrent Mortgage: approx $140k (PITI = $1088/mo)Estimated Value: $200kRent: $1385/mo#3: DuplexCurrent Mortgage: approx $120k ($1120/mo)Estimated Value: $165kRent: $825x2 ($1650/mo)#4: CondoCurrent Mortgage: $60k (PITI+HOA $853/mo)Estimated Value: $80kRent: $850/mo (I rent this one to my sister, so this one is a wash)So my questions are...
Jason Revolorio
so many different directions!? Starting out!
19 August 2018 | 25 replies
Wash, rinse, repeat.
Jordan Santiago
Investing in Storage Facilities
18 August 2021 | 31 replies
The deal is still going well, and the car wash that was on the property was sold within the last few months so investors got a nice check back.I invested with an SDIRA, which has nothing to do with Spartan and which is really my only complaint.
Larry Turowski
What rules for investors have you broken (and maybe routinely break) and how has it worked out for you?
5 December 2014 | 11 replies
The biggest things I did were to power wash the house, put in new appliances, and turn the utilities on.
David Healey
Adding A Community Laundry And Need Advice
20 July 2017 | 3 replies
Should we install the Community Laundry as a cold wash only laundry system as its WAY more efficient than hot/cold wash systems and raise the rents a little ($30-$50) to cover our costs, or should we install a standard hot/cold system and raise the rents $80-$100/mo?
Rebecca Cramer
HELP! AC broke and guests slept in 80 degree house..refund or no?
21 June 2018 | 26 replies
The washing machine went down that same week.
Robert McAllister
[Calc Review] Help me analyze this deal
8 November 2019 | 6 replies
So probably a wash between me managing and that for the utility costs.Great tip to get an actual quote on insurance.
Lakisha Mitchell-Mellor
Advice Needed: Deescalat complaints that can't easily be resolved
18 November 2019 | 0 replies
She later text saying she is going to find a hotel with a washer/dryer so she can wash clothes because she doesn't want to bring the smell with her to work tomorrow.
Phoebe Noce
Construction or hard money loan for 3-flat rehab?
3 July 2018 | 4 replies
It can make sense if you're getting the property so far under market value that the HML costs are a wash but it's rarely the case.