Michael S.
New Member from Upstate NY
16 March 2015 | 8 replies
I am a 34 year old Air Force veteran (2W0) and am currently residing in upstate NY near FT Drum.My REI goals are: short-term -> Learn as much as possible and close on first deal by the end of the year mid-term -> $10k/mo positive cash flow within 10 years long-term -> Maintain a sustainable growth investment portfolioMy preferred strategy is SFR/MFR Buy and Hold.I look forward to learning more from each of you as time goes on and hopefully will be able to glean enough to start successfully investing in the near future.
Mike Roy
Good Deal?
27 April 2015 | 9 replies
. $684Tax: $445Insurance $150Management $304Water/Sewer $85Trash $85Heat $250 (3 units on central heat, other pays on own)Repairs $200Cap Ex $150Vacancy $150 Total $2,253Monthly Profit $530Cash on Cash 14.13%I'm seriously thinking of separating the heat, despite the $5-$6k cost, and passing the cost to tenants.
Kevin Huang
Move / update appliances to/in rental property
22 November 2014 | 2 replies
Appliance contractor said it can't be fixed due to a small crack on door, letting warm air in.My wife has been complaining about the fridge we have in our kitchen.So my plan was to buy a new one to make her happy, and move the one we have now to the rental, to make tenants happy, killing two birds w/ one stone.I may do the same thing w/ our washer & dryer.Found out Sears & BestBuy can haul away old fridge, but not MOVE it to a different address.
Sampson S.
Tenant requesting improvements
24 November 2014 | 5 replies
What she wants is ceiling fans in the 2 bedrooms, so she doesn't have to run the air in the summer in her kids rooms (11 and 17), and she wants a garage door opener.My lease says the usual about improvements staying with the house, and she's OK with that part - but having someone willing to pay for their improvements is new to me.
Scott Weaner
Used Appliance Dealers in Central NJ?
25 November 2014 | 8 replies
Does anyone know of a reliable used appliance dealer in the central NJ area?
Kristi Patton
Experienced Investers in Central Arkansas
4 August 2015 | 7 replies
Any experienced investors in Central Arkansas that would care to connect?
Anson Young
Rehab kitchen fail - or: Tragedy on Refrigerator Island!
3 December 2014 | 21 replies
Someone had added central heating in the 1970s.
John Hyatt
Most units owned by a single person
30 September 2015 | 2 replies
A 100 units in Ohio is worth vastly less than 100 units on Central Park.
Oisin Milne
United we fall...
3 June 2015 | 7 replies
(through the embassy we got air, food, accomodation for AUS$150).Our Earls court 2 bedroom flat ran about £400/week shared by 5-7 guys depending on who was in town.
Shayne Hastings
Is it better to invest in my area that has sky high prices or invest in other markets?
9 June 2015 | 48 replies
4 plexes in the Central Valley can match the cash flow you find in the Midwest and South east with more upside and being less reliant on a property manager if the property starts having issues.