Ju Hyun K.
What evidence for the rotten bathroom door
22 May 2021 | 12 replies
.: I see that my statement "I know they are lying" might have given you the impression that I am trying to maximize the return by taking advantage of them.
Daniel Chen
New Greater Montreal Area Investor Looking to Network
22 July 2021 | 10 replies
How best can we connect collectively?
Sannibel Carter
Thoughts on Airbnb?
5 August 2021 | 7 replies
Stop and think about the difference between investing in either single family homes or multi-unit properties where you tenants stay an average of 2 years, you only need to collect the rents once every 30 days and maybe 1 or 2 times per year your tenant has some sort of maintenance issue like their water heater or garbage disposer goes on the blink.When you invest in airbnb's your cost to furnish them is higher, your cost to constantly rent them is higher, you may have 50 to 100 different tenants every year and you need to clean inside and outside every unit every time a guest leave.
Andrew West
URGENT: "legal non-conforming" triplex
26 May 2021 | 7 replies
My impression is that their mind is made up.
Allen L.
What are realistic expense figures for 20 unit property?
22 May 2021 | 6 replies
I was under the impression that multifamily properties expenses should be way down.
Wesley Mullen
Reducing 401k contributions
24 May 2021 | 13 replies
@Wesley Mullen unless those matched funds have some lengthy vesting period AND you know you wont be at the company to collect them, always take the match.
Kasey Destache
Best Form of Collecting Rent from Long Distance Tenants
11 October 2021 | 19 replies
What is the best form of collecting rent from long distance tenants?
Alex Tang
DCA Payment Standards as proxy for market rent?
22 May 2021 | 1 reply
Rentometer simply collects data from user generated input and listings of rental data and surveys they conduct, so some of this data may be greatly fluctuating, because it pulls from landlords who only post on sites like zillow, zumper, etc.
Kevin Hutchens
Charging a brokerage fee for renting an apartment you own
23 May 2021 | 3 replies
Hi Everyone,I was helping a client find a rental in the metro west area outside Boston and I noticed real estate agents who owned and managed the units they are listing were charging a brokerage fee to the potential tenant (my client) to move in to their home.I thought this was weird because why would an agent want to collect a fee from their potential tenant on top of first, last & security.
Marc Alexander
Can I get a reality check on my goals and expectations?
11 January 2022 | 29 replies
@Marc Alexander rates are low so that will help... you are looking at the right numbers as well (I calculate mine with just debt, tax and insurance and only invest at a 33% return... knowing that my goal does not take into account vacancy or repairs so I come in below the 33% but always above the 20% mark you want to hit)Look for and buy fir cash flow... stay away from real crappy areas (like you can get great ROI in south side of chicago but you have to carry a gun to collect rents) and make sure tenants are “good” people....