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Results (10,000+)
Conte Cuttino Leave 66k In or Sell for 77k?
6 April 2024 | 3 replies
I’m a Buy And Hold type of guy but the sale is calling me after running the numbers.
Aleyxis Suarez New opportunities in Real State
7 April 2024 | 3 replies
The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.
Ramsey Arnaaoot Manual Fire Alarm in Philadelphia Mixed Use
6 April 2024 | 2 replies
And if you want to save even more you can search for used online (ebay, craigslist etc) I use Alert One (you can google them, they are on Rising Sun ave.) for annual certification in my buildings but use my electrician to update, install or replace the alarms.
Matthew Slaughter Tenant Has Not/Will Not Sign Lease
6 April 2024 | 15 replies
They try to work it out with the tenant amicably, but end up getting the bad end of the deal.Go with @Alexander Szikla's advice without delay.Tenant make payment through their online portal, which bars partial payments.
Shwetha Pindikuri Looking for long term investment properties in Austin
7 April 2024 | 6 replies
However, buying a house and having to leave in a couple years will either force you to sale or take on negative cash flow because a SFH will not cash flow positive by putting 5%.    
Kyle Joseph Deal Underwriting Challenges
6 April 2024 | 7 replies
@Anthony ErvinMost counties have online property tax calculators.Investors need to know how their communities determine property taxes.Some counties and states have set schedules every 3 4 or 5 years to re-assess properties.
Chao Yi Shih Closing soon on investment and having regret
8 April 2024 | 21 replies
Front unit i think market price is around 1600-1700, but i am planning for 1500-1550 to gain advantage on rentingit's a popular rental area in trending neighborhood, so it has a lot rental on the market and a lot investorfirst regret is i think my offer was too high, i offered asking price at 224k which with my 10k deposit and no inspection (i did had a long term contractor go take a look with me) i can likely get the house for cheaper, it went from 300k to now 224k from last year, so 8 month on market, i could get it for maybe 200k or 210k insteadOriginally i planned to have some minor interior update include few windows, which i am estimating around 3k, but noticing the 3rd floor shingle siding was aging and looks like just matter of time, so i had to replace 2 more exterior siding that need scaffolding, long story short, my repair cost went from 3k to around 8-9kmy dscr loan is 7.625% 30 years, my monthly would be $1577 PITI + water (say $230), compare to my expected rent of $2430, so $623 remaining each monthsome concerns are1. it's flat roof and it's just matter of time for me to replace2. i know this market is always trending, a lot tenants and a lot rentals, so it's competitive but popular, i dont know what to feel about it, i have other rental in the city, just not this specific neighborhood3. since there's so many investor in the area, why no one bought it for the price, it was once lowered to 256k before it go down to 224k. when the market was hot, i think 324k would easily sold, but obviously it didnt as that's what they listed in 2023 summer4. unit was managed by management company, last lease on front unit was from June 2022-June2023 rented for $1700, then they later put for sale for 324kon one hand i think the number works, but on the other hand, i keep have this feeling i wanted to back out of the offer, i think also due to my saving would be down to 20k after closing and all the repairs made, which i normally wanted to have at least 30k in bank, also the extra siding job got me scared a bit, and roof that need to be replaced in futureif i back out now, i am going to be losing 10k + inspection 800, so that's close to 11k lostWhat's your take on this, i would hate to lose 11k without any valid reason and just scared myself out of this deal, but honestly i am having some hard time looking forward to this purchase.
Darryl Lin Inland Empire (Hesperia) SFR Investment Properties
7 April 2024 | 32 replies
Rents are starting to rise but, you will not get anywhere close to the 1% rule up here, on normal sales, from what I see.  
Sushree Mohanty Guidance needed on first STR investment - location, identify deals etc.
7 April 2024 | 29 replies
Locate your home in a top resort and add really high quality theming that makes it pop online.
Bemnet Merha Feedback on my tenant screening criteria in Washingtons state
5 April 2024 | 2 replies
I ask because I don't see many listings online that don't include much detail...and wondering if I should.All 18+ applicants must complete the application and pay the application fee.Credit score of 700+, No bills in collection.Steady employment or other acceptable source of regular income for 3+ years.Gross monthly income at least 3.5 times the monthly rental rate.Monthly payment Debt-to-gross-income ratio no higher than 40%.