Richard J. Kalnitz
New investor wanting to BRRRR
27 January 2021 | 13 replies
The BRRRR model is definitely a good one to follow, it's just becoming increasingly hard to find good deals.Is there any specific reason you like Dubuque, instead of just investing in your back yard (fox lake)?
Anastasia Bourdon
Rent by Room Cost in Denver
2 February 2021 | 25 replies
Its a 3bd/2bath 2000sqft home with a nice yard, corner lot, hardwood floors, and lots of natural light.
Julia Ho
Lease Addendum for a multifamily in MA
23 January 2021 | 0 replies
Also, another question is that I have a lease condition that say "Tenant is responsible for lawn/yard maintenance and snow removal" and I reduced rent in return.
Luke Pontier
Backyard improvements - worth it?
23 January 2021 | 5 replies
In my opinion, the backyard should have the same "curb appeal" as your front yard.
Sabrina Inem
Real Estate Investing - Akron Ohio Area
30 January 2021 | 3 replies
Think about 1- the out-of-pocket expenses (almost everyone gets this wrong)...and include all costs very conservatively...this includes things like the down payment, the inspection, appraisal, prepaids, points, closing costs, etc (find a good closing cost estimator or contact a local title agent to get buyer costs in your area)...and the extension of that is the condition of the property and needed repairs...if repairs are needed, that cash is coming out of your pocket....and you are paying property taxes, utility bills, to keep the yard up, etc...holding costs can grow very quickly if you run into renovation delays. 2- the relationship between the income the property produces and the purchase price. 3- realistic operating expenses...we've been able to run almost everything we manage at 20-30% of income...this isn't easy...most properties operate at 40-50% of income. 4- your goals...since you are a smart investor, you are not basing your decisions on cash flow, you are looking at long-term value, appreciation, debt-paydown, and most important, equity.That said, if you are buying a $60k property with no repairs, occupied at $800/mo. and operating at 40% of income, your ROI is through the roof on paper...but finding your true ROI is a more difficult task.What numbers are you using to analyze this one?
Sarah Williams
Can we evict this tenant???
29 January 2021 | 2 replies
And there’s feces all over the yard.
Jordan Lassiter
Multifamily Duplex purchase
3 February 2021 | 0 replies
Glassed in back porch with a large yard.
Shawn Q.
Neighbors driving through yard - solutions?
4 February 2021 | 12 replies
I have neighbors at one of my rentals driving through my back yard to get to the street (basically they have a shared driveway and the person at the back of their driveway drives through my back yard to get to my driveway on the other side of my house to get to the street).
Jon Baker
Pittsburg in Atlanta
15 February 2021 | 5 replies
Not sure if it's out of state investors that aren't familiar with the area or the allure of the Pittsburgh yards/beltline nearby but I would say that a majority of Pittsburgh is not great and there are significantly better areas for the prices I see in Pittsburgh.
Grayson Lynum
Rental property break in!
3 February 2021 | 1 reply
There’s many ways to deter break ins, even just basic yard signs that say “secured by XYZ security” and putting up a fake camera can do wonders.