
10 October 2018 | 46 replies
If priced correctly and your operating in a market with strong single family NOI Yields, you may be able to pull some if not all of your equity out of the deal when you refinance to apply to another deal and maintain ownership of the single family home that is producing on-going rental income.

27 October 2018 | 20 replies
@Gary Waddle Go view the property and get a better handle on how much work it needs and how much it will cost you to get the units in optimal rental condition.

21 October 2018 | 2 replies
How are people leveraging alot of deals and still maintaining a good relationship with banks to get financing.

23 October 2018 | 3 replies
One thing we do to optimize CF is allow tenants to sublet, but charge a sublet fee, along with an annual management fee.

4 March 2021 | 3 replies
The home inspector indicated this is a home that had been well-maintained.

23 October 2018 | 1 reply
The commission belongs to the broker, then pays you based on your independent contractor agreement.The commission received, even if you are applying it to the property is still earned income like your regular commissions.I dont do it because I maintain my rental property business as a distinct business separate from my agent business.

22 October 2018 | 3 replies
The consumables should be expensed as their lifetime is clearly less than one year.That being said, you want to expense as much as you're allowed to optimize your tax deductions. $1,000 in tax deductions now is worth more than $1,000 spread over the next 27.5 years because of the time value of money.You can be upfront with investors that you typically spend $20k to prepare a property for rent, and that a portion of that is expensed on taxes in the year that you purchase the property.

3 December 2018 | 3 replies
Just make it clear to them that if they vacate one side they still remain obligated do pay rent and maintain it.

16 December 2018 | 4 replies
There is a psychological research finding that used a light switch as the variable. The experimenters had subjects flip the switch at will, and they varied the light on and off. It turns out that optimists were overco...

28 January 2019 | 18 replies
I would not purchase a 100 year old small multi with all of these issues when I could only expect a 13% ROI. 100 year old buildings that have been updated and don't have mold are very expensive to maintain.