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3 November 2024 | 10 replies
Of course capex does come into play, but I have a lot of factors on my side including most major components of the property have been replaced already, including roof replaced 2 years ago, water heater replaced 3 years ago, full house was just repiped, septic system is 5 years old, HVAC system replaced in last 7 years, i do not cover appliances with warranty in my rentals, and the tenant I placed in the property is a single dude who works 60 hours a week and just needs a place to sleep.
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3 November 2024 | 8 replies
I always play by fair housing laws but not giving me a pick in my tenant is not to my liking!
4 November 2024 | 8 replies
I am also considering selling the property next spring so this would be the last lease and I don't to play nice.
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1 November 2024 | 7 replies
The rates are usually tied to prime and LTV plays a factor as well for the best pricing.
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2 November 2024 | 5 replies
Each market has its quirks; like, San Antonio is all about maximizing cash flow, while Austin tends to be more of an appreciation play.
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6 November 2024 | 29 replies
I could see a value-play here for monthly financial reporting, if not handled directly through PM systems.
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2 November 2024 | 10 replies
He has also played a key role in facilitating communication between the new tenants and myself, ensuring a smooth coordination of arrival times and addressing any specific needs they may have.
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5 November 2024 | 22 replies
Total still owed $13,600 (rent, late fees, legal fees) and $550 for the locksmith.Place reeks of pot, she had her adult son, who by the paystubs left behind only made $152 a month and spent his days laying on the couch (which reeked of pot) smoking and playing x-box (abandoned and power supply cut up).
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1 November 2024 | 0 replies
Be patient. these are mid-term plays, so you must be prepared to go without the cash for several years.
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2 November 2024 | 8 replies
Clearly, he’s not just playing in the STR game; he’s changing the rules.This was a recent feature from our weekly STR newsletter here at BiggerPockets is called BiggerStays.