Adam R.
Estimating Water, sewer, insurance expenses
8 May 2017 | 4 replies
If you are paying more than that it's likely easily fixed by replacing the toilets with the high efficiency version (this has consistently been the case and has helped reduce the cost of sewer and water by 40-50% on properties that had old toilets).
Sam G.
Mobile Home as a Vacation Rental
27 April 2017 | 13 replies
.- If you cannot walk to the beach, must have much much lower rates to compete with others / renter pool reduced considerably- High Vacation Season is now only about 6 weeks, where you can get top dollar rent / then another 7 weeks for shoulder season rent / and the rest of the year is lucky to get enough to break even - or get a long term renter for the off-season, where now you become a landlord vs. a vacation rental owner at a low rate, where hard to find a good renter that won't trash the place - & then landlord/tenant laws apply - may not be able to evict if needed in time for high-season guests (now what)- More upkeep and maintenance needed on a mobile home - they are not built as well/sturdy etc. as a stick built home on a foundation- There is a stigma attached to "mobile homes"- The numbers just do not make it as good an investment, when you add devaluation into the calculations- Resale is like a car, devalues over timeHOWEVER- If you find a community that will allow short term vacation renters, and you have all cash, you can probably find a good deal on an older used home where they numbers make more sense.
David D'Ambrosio
Want to get into multifamily passively
25 May 2017 | 35 replies
As the market started to cap rate compress the property naturally increased in value and with reducing costs, increasing rent growth, and lower vacancy the sponsor had a very nice payoff on the back end.These days most of those properties are gone for multifamily.
Mindy Jensen
We've Redesigned the Forums!!!
21 April 2016 | 225 replies
But not mine.It would appear the posting viewable area has been reduced with a narrower format and a much harder to read font.
Jesse Stemle
New Member From Louisville
3 December 2016 | 11 replies
If you have kids and a family they can help reduce risk of job loss and life changing events.
Anton Watt
Do Real Estate investors prefer cosmetic or full renovations?
29 January 2017 | 24 replies
The only downsides to a big rehab are: 1. larger variation of unknowns which is reduced with experience and 2. it may take a few weeks or a month longer, which may seem important when trying to get a unit on market quickly, but in the long run it's irrelevant.
Bob D.
FHA 100 Mile Rule - Can I Get Around It?
20 May 2022 | 5 replies
FHA is ultimately insuring a large portion of the risk of these loans and this rule is designed to reduce the risk on their insured loan portfolio.How to work around this?
Carl Fredrickson
Becoming an accredited investor
23 July 2019 | 9 replies
Although the exemption allows this, some Syndicators may still restrict their offerings to accredited investors in order to reduce their liability.
Terry Burwell
Novice in W. Texas dreaming of sailboats!
20 December 2017 | 8 replies
Paying down a rental property mortgage drastically reduces your ROI and slows your growth.
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Tax implications of sister-in-law on title?
17 September 2007 | 2 replies
Can we somehow avoid or reduce the impact of capital gains taxes made on the future sale of the property?