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21 July 2018 | 8 replies
Is it possible to suspend the depriciation clock on a SFH utilized as a rental.
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13 July 2018 | 33 replies
Also some damage may not be able to covered by security deposit. 2. more roofs = more capital expenditure. replacing fixtures like roofs/windows etc. costs the same size house, regardless of price of the house3. less able to utilize leverage4. higher turn around with these tenants. if you are using a property manager, this also means more replacement fee for the tenants.One other thing to note is if you can find a home that can be rented for $2000 a month for $200K, why would anyone want to rent that from you?
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14 July 2018 | 17 replies
Its not hard to get the exact taxes, PMI, historical utilities, etc. for a property. leave another 10% capex, 5% vacancy, 10% management costs (even if you self manage)1% rule is just a very broad way to value something.
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13 July 2018 | 2 replies
I'm looking to pick up my first property and I've tried running quite a few properties through the calculator.
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17 July 2018 | 14 replies
You can pick neighborhoods with $7,000 houses that are all torn up and then renovated to sell for around $30,000 or so but note that you'll end up with a different quality of tenant than if you picked a neighborhood with houses priced at $75,000.
28 November 2018 | 25 replies
He's picking up his weekly youtube schedule -- of course there's no mention of his company doing thousands of rehabs.
20 July 2018 | 8 replies
With vacation Rentals, we can easily bring in 50k+ a year, but we only see a fraction of that.Cleanings, replacing supplies, we are responsible for all utilities, etc.
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19 July 2018 | 11 replies
Julian Joseph I’d suggest you pick a strategy and stick to it.
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13 July 2018 | 6 replies
So my concern was that you could not pick and choose a specific person.
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16 July 2018 | 4 replies
Being in Property Mgt I drive alot, so I have the opportunity to listen to all the different podcasts, which has brought a wealth of ideas and information that I can utilized.