Karlie Scavicchio
Only bathroom on first floor, deal breaker?
21 April 2024 | 3 replies
I would not rent a house with 4 beds and 1 bathroom on another floor unless I had no other option, or was just getting started in life.I’d comp this below other similarly sized assets, but it’s all about the numbers.
Ryan Runchey
Setting Up & Using Quickbooks Online for Rental Property
22 April 2024 | 18 replies
@Ryan Runchey If you are planning to scale up in the future, then QBO is a good option and you can start with the lower tier subscription for a single property, you can upgrade later when you acquire more properties.
Chris Hutchens
Memphis TN buy and hold?
21 April 2024 | 15 replies
I never recommend out-of-state investors buy anything for less than about $55-75k all-in or, generally, it will be in an area that has a mediocre tenant pool with high turnover and bad turns when they leave; the price to rent ration doesn't matter when these items eat up your profit year after year.For multis, it's a little different, but I typically ask them to focus on units that rent for about $500-550 minimum to have an easy time managing them and finding quality tenants.
Sendil Thangavelu
Applicant has Bankruptcy --Issue if I rent out my property to them
21 April 2024 | 6 replies
In fact, even no one else and lose another month of rental income would be a safer option than to allow this person.
Seth Kristian
Denver hellbent on taking STR License
21 April 2024 | 25 replies
I feel Ike they pivoted quite a bit in the last few years since city and subsequent county license requirements spurred an STR plateau and the motivations are a bit deeper and multi-purposed now.Take parallel economies, such as Uber/Lyft, the ONLY two TNC license holders in the state and each year pay an excise tax of a few hundred thousand a piece, if not more (just for the permit, not including the whats taken from drivers).
Nathan R.
Manufactured Home Dealer Financing
20 April 2024 | 2 replies
Do manufactured/mobile home dealers provide seller financing option to buyers?
Kevin Salamea
Locations to best invest in PA
19 April 2024 | 19 replies
I'm looking to invest in small multi-families in Pennsylvania, ideally in the $80- 120k purchase price range.If possible !
Zak Dolak
Choosing a HELOC
21 April 2024 | 6 replies
A home equity loan gives you an option of having fixed debt which is safer if you plan on using it to buy a long term rental buy and hold scenario.
Josh Darley
Need Advice on Inheriting a Property
20 April 2024 | 4 replies
First option is to sell the house immediately and utilize those funds (~100k) to supplement the cost.
Matt B.
Current BRRR Situation
20 April 2024 | 13 replies
I've thought of a HELOC but looking for a longer term solution.Are there any other options?