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Results (10,000+)
Jimmy Wellman I'd like more specificity about the ROI on an average flip. Can you help?
20 November 2024 | 5 replies
The 70% rule suggests buying a property for 70% of its ARV minus repair costs to ensure profit.
Wei Zhao House Hacking in appreciate area VS Out of State investment for cashflow to pay rent?
23 November 2024 | 10 replies
think about it:-when you buy a property, you'll have a down payment, closing costs, rent-ready costs, costs to get set up with a PM, a commission to place a tenant... maybe some light repairs after the tenant moves in...
Account Closed East Fix or Unfortunate Replacement?
22 November 2024 | 2 replies
By the way, the tenant should be charged for this as part of "cleaning and repairs." 
John Kelly LLC at homestead house hack
22 November 2024 | 7 replies
Maximizing Deductions: You can still claim tax deductions (mileage, repairs, management time, etc.) on both properties as long as they’re legitimately related to rental activity, even if one isn’t in an LLC.
Kaven L. Should a PM walk the property before dispatching a plumber?
21 November 2024 | 21 replies
That does not qualify as "managing repairs."
Shayan Sameer Found a multifamily investment property - worth a deal?
24 November 2024 | 9 replies
So as long as your insurance, property taxes, property management, utilities maintenance, repairs, vacancy, and capex come to $4/mo or less you’ll be fine.
Wang Windy Should I replace or repair the roofs after the hurricanes
13 November 2024 | 1 reply
Considering the high deductible on House B, I am only filing a claim for House A, and coming out of pocket for the cost of repairing or replacing the roof for House B. 
Tessa Tsui Renal App for Landlord
23 November 2024 | 4 replies
don't have to have all the functions just wanted to know what will be recommended. thank you  1. rent collections; 2. late fee handling; 3. auto eviction; 4. 1099 / report; 5. repair work order/ maintenance requests; 6. listing and screenings etc
Evan Smith New Build Expense Calculations
20 November 2024 | 1 reply
Maintenance and repairs typically range from 5-7% of rental income, compared to the standard 10%, as new builds have fewer immediate issues.
Shea Mahoney Investment Dilemma: Cash Flow from Repairs or Diversify with New Properties?
13 November 2024 | 2 replies
If I don't make the repairs to the MH I won't be able to rent it at all.