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Results (10,000+)
Michael Swain Need advice - Starting Out
4 October 2021 | 5 replies
CAP rate vs ROI : https://www.stessa.com/blog/ca...This site uses 50% rule for operating expenses, I've also seen 30-35% used - use your own judgement when calculating, depends on several factors like age of property, type of tenants, weather/location, etc.
Anna Bee How to refinance when interest rates go up?
5 October 2021 | 6 replies
This could be any combination of better / different operations or upgrades the drive higher income. 
Kristen Honsinger About to buy first STR- input needed on town ordinances
7 October 2021 | 6 replies
Lots and lots of cities are making things more restrictive and not grandfathering current operators
Jordan Albright Cash out Refi - Rental property, questions
5 October 2021 | 7 replies
You tend to get better terms on a fully rented property rather than one that is vacant.All fees associated with any loan would have to be paid including but not limited to Appraisal Underwriting Origination TitleIn regards to property management that would be up to you to make that call based on other operating expenses and your own personal availability.
Steven Woods INVESTMENT PROPERTY!! 8 UNITS LAKE ELSINORE HISTORIC DISTRICT!!
4 October 2021 | 0 replies
We will build an 8 unit complex with covered parking and potentially a value add by building a side building with coin operated washer and dryer accompanied by a vending machine that's loaded with materials related to washing/drying clothes.
Tom Markoe Owner Occupied Timing of Remodel / Cap Ex
7 October 2021 | 6 replies
Replacing them is also a capital expense VS the operating expense of a repair.As far as how do you sequence them, if both are vacant, turn one and get a tenant in there.
Adam Romano Private Investor wanting equity in deal
4 October 2021 | 4 replies
I would absolutely have an attorney write up the operating agreement.
Matthew Keller How does a Partnership work with BRRRR?
4 October 2021 | 1 reply
I believe your best bet is an LLC as you can create an operating agreement that specifically calls out dozens of potential scenarios, cash flow, refi, sales, death, etc which an attorney can help work through easily.
Luke Hoffman Help!!! Sink repair needed for new rental!
5 October 2021 | 5 replies
You can just attach them back together and make sure your pull handle is at your prefered height and that there is room to push and pull it to operate the stopper. 
Aaron Kovac To offer or not to offer? That is the question
25 October 2021 | 28 replies
We've been operating in Austin since January of 2015 and have an extensive track record here in Austin.