Tom P.
Newbie question on being a landlord
12 May 2024 | 4 replies
We include lawn care in all of our rentals through a contract with a private company and just build the cost into the rent because tenants suck at taking care of lawns.
Sam Booth
So Dave Ramsey says.....
13 May 2024 | 79 replies
At currently 3.4% inflation (if you believe it) the real cost of money after inflation is about 4%.
Michael Simolke
Am I over leveraged?
10 May 2024 | 8 replies
If not, generate cash and build credit profiles for free i.e. 800 FICOs and 80 PAYDEX LLCsbecause when you need to raise money, the more options the better.If you need any advice on building credit effectively on the cheap,feel free to reach out :)This is my opinion and I'm not licensed,John Acheson, MBA
Alexander L Gulledge
What to look for when acquiring new property in this market?
10 May 2024 | 2 replies
Then I started thinking, perhaps I could acquire a turnkey 2b1b and do an addition to force appreciation and refi on the backend with a larger 3b2b and still effectively BRRRR and have a new rental in my portfolio.
Tatenda Mpofu
Common Surveys Performed During Diligence
12 May 2024 | 8 replies
Thank you,I'm new to this type of investing (more familiar with buying businesses) so I'm cobbling together information from brokers, chatGPT and everything in between to figure out what I need to (at reasonable cost while controlling risk profile) complete an acquisition.Facility is in rural Kansas, and is composed of a portfolio of 4 buildings on 3 parcels. 195 unit count - ~10 years old on average, some are newer (2 years) others older (15+ years)I'm trying to learn what I should watch out for in the process and what studies will be needed to get a good level of comfort before acquiring the facilities
Mike K.
Vinyl Plank Flooring Installation Cost
8 May 2024 | 14 replies
Trying to estimate total cost to install new vinyl plank flooring throughout.
Anna Cherubini
Rent collection app that allows charging a daily late fee
11 May 2024 | 2 replies
However, it depends how many properties you have if it's worth the cost.
J Corona
Cash out refi rental then sell. Taxes owe?
11 May 2024 | 14 replies
You pay taxes on any profit-ie the cost you sold it for minus the cost you bought it for.
Michael Goodman
Help Check My Underwriting Duplex
12 May 2024 | 6 replies
And it is only 1500 sqft for both units, so rent will be limited based on the small size and you still have to maintain kitchens and bathrooms for two units, which means high maintenance cost to rent ratio.
Elijah Quinones
Obtaining a first deal
12 May 2024 | 3 replies
In that case, you have to break down the rents vs. liabilities, show that the mechanicals, roof and everything is in good shape or have reasonable repair costs laid out, you need to know the appreciation potential, and the comps.