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Results (10,000+)
Matt B. What do you think of this deal?
12 May 2021 | 3 replies
Below is a screenshot of the model results but see below for a break out of the assumptions:Purchase price = List price (room for negotiation)Closing Costs = Estimate from lenderDown Payment = requirement from lender @ 25%Interest rate = rate offered on a two unit rental from lender Total rents/Month = current rents in place (room to raise based on market) Property taxes, Insurance, Water/Sewer, Trash removal = all reflect actual amounts paid by current ownerVacancy rate = 10% of gross rent Cap Ex = 5% of gross rentMaintenance & Repairs = 5% of gross rentMonthly free cash flow = $155Total ROI = 7.14%My question is simple, do you think this is a good deal?
Paul Sandhu Do you take "mystery objects" for your STR tenants to guess?
13 May 2021 | 11 replies
The lock to the lower level of your 17th unit that a bunch of pirates raided using lead tipped swords to break in and steal you unmatching furniture.
Jason Sinclair Materials prices in Missouri-can I get some windows!?
29 June 2021 | 8 replies
I ordered new windows for a 4 family a few weeks ago, went with a quality mid grade double hung vinyl window with a lifetime glass break warranty for about $400 installed.
Jamil Barton Fallout from inconsistent Pet Policy
11 May 2021 | 2 replies
Let's break it down.Fair HousingIf you decided not to allow a pet in the lower unit because of the way the UNIT is situated, particularly if you had noted that in some log before event putting in on the market, then you have not violated fair housing. 
Eric Fung Ceiling fan..to keep or not to keep? Rental property.
12 May 2021 | 15 replies
Just one less thing to fix if it breaks in a rental.
Cody McVay Post House Hack Investing
11 May 2021 | 6 replies
and am planning on doing another HH (4 - plex) when I can, I'm also looking to break into small mulit-family ((8 - 15) units) as my first "real" investment by raising private capital, both by the end of the year hopefully.My question is meant to start a conversation as I look at House Hacking as dipping your toe in the water prior to diving in, there is not much information on what to do between dipping your toe in and swimming... so, 1.)
Sawyer Smith At what point is it commercial?
13 May 2021 | 8 replies
The only way to really find out is to ask the Govt bodies in question. 
John McAllister Buying Materials from LOWES - Thoughts??? Buys & No Buys
13 May 2021 | 2 replies
Instead of paying a LS, I can break up payments over 6 months. to help minimize the risk of liquidity, if that makes sense.
Nathan Gesner Oregon extends rent repayment another year!
19 May 2021 | 95 replies
There shouldn't be a single able-bodied adult on unemployment right now, but there are because they aren't suffering enough to motivate them to get back to work. 
Kyle Wells Property Management Question
13 May 2021 | 4 replies
They recently placed a tenant in a C class property of mine and after 3 months they allowed the tenant to break the 12-month lease if they left the property in good condition/clean and he returned all but $200 of their damage deposit (used to change locks/clean property).