
27 September 2018 | 0 replies
I took over an existing tenant who frequently asks for repairs, or has complaints about the property.

28 September 2018 | 1 reply
I am looking for active flippers in the tampa bay area, i have never really done a flip, but through owning my current rentals over the years i have pretty much touched repairing every part of a house.

29 September 2018 | 10 replies
Plus, I'm assuming you're only borrowing the money for a down payment and repairs hoping to pull the money out of the reappraised property.

12 October 2018 | 14 replies
If my math is correct,1250 revenue(333) mortgage interest(630) depreciation---------------------------287 <--- what you're calling taxable incomeWhere is the insurance expense, the property taxes, management fees, repairs/maintenance, advertising, etc?

30 September 2018 | 12 replies
Well, there have been a few exceptional tenants; however, the middle class tenants will leave a house in a big mess too, which is more expensive to repair - and more frustrating.

28 September 2018 | 5 replies
Give them a call.If you need his phone number PM.

3 October 2018 | 17 replies
The other two I spoke with over the phone.

28 September 2018 | 0 replies
I am trying to find comps for about 4000 SF of commercial leased spaced where an automotive diesel repair business operates.

3 October 2018 | 8 replies
This way I am more prepared for the next time an opportunity like this comes up.So here are the details of the deal:3 bedroom, 1 bathroom single family propertyListing requested an all-cash offerThe numbers looked like this:Listed on the MLS for $80,000Needed about $20,000 to bring it up to meet or exceed the quality of similar houses in the areaEstimated After Repair Value (I think abbreviated ARV) was around $141,000Similar rents range from $1,100 to $1,300Initially looking at this, my thinking was that the $80,000 purchase price plus $20,000 rehab bill puts me at 70% of the ARV, and my understanding is 75% or under is the target for BRRRR.

30 September 2018 | 5 replies
I ask the management company to reach out for any expense over $500 and whenever there is a vacancy so we can determine a plan of action in regards to what repairs/updates to make and how much to charge in rent.