Joey Morea
TurnoverBnB app anybody use?
21 September 2022 | 5 replies
If anything is broken, she'll text me and I'll get it fixed.
Saverio Nestico
Should I Enter into The Self Storage Niche?
28 July 2021 | 7 replies
They get broken into a lot!
Micheal P Kloppel
My deal - I want your opinion
18 November 2019 | 4 replies
When the property experiences maintenance expenses such as a failed water heater, roof replacement, or a broken window, or needs repainting, there isn't enough rental income to fund the repairs, even if you double the rents.
Stuart Tollison
First Deal beginning to end
19 March 2021 | 11 replies
@Alexis SchreierHere's how my monthly expenses are broken down on this property:Vacancy (5%): $47.50Maintenance (5%): $47.50Cap Ex (5%): $47.50Property Mgmt (10%): $9524/hr Security System: $25 **This was installed after the current lease was signed but considering having it in my lease for the tenant to pay moving forward.
Zach Temple
Number of income streams you have built
14 August 2019 | 6 replies
Every time I research to find a new passive income stream I end up reading about starting a blog or youtube channel with advertisements, selling a course or a book and affiliate marketing websites, its like a broken record and I can't get excited about any of them.
James Sun
GA - Tenant Broke Lease and Left Without Paying Rent
19 February 2020 | 8 replies
@James Sun- regarding your post...you cannot go to a collections agency regarding a broken lease.
Kyron Ryals
Tenant Changed the locks
11 January 2020 | 3 replies
If that didn't work I'd begin the eviction process as the last thing I want to deal with is not be able to get into the apartment if there's a gas leak, broken pipe, etc.
Sam Rivera
Purchased my first Turnkey rental in Memphis, TN
17 April 2021 | 8 replies
Three of of my first 4 tenants with Memphis Investment Properties/Reedy have left early/broken leases; one after 9 months and the other 2 after 14 months, breaking the new leases they had just re-signed.The cost for tenant turnover just keeps going up.
Seth Schnakenberg
Low CoC, but huge lot
20 May 2020 | 1 reply
Not a very good CoC, but then there is this:During this pandemic, I am having difficulties hearing back from the city as to whether or not the lot can be broken up into two separate parcels.
Alex Mitt
Bad deal - what should I do next?
9 April 2023 | 19 replies
My other 3 deals are cash-flowing nicely over $700/month, even though one took a while to stabilize to get there.Here's some information about the deal:- Purchase Price with closing costs: $138,000 - Expected Rehab: $30,000- Expected ARV: $210,000- Expected rental: $1,900- The Rehab turned out to be $55,000 --> a lot of unexpected problems, broken pipes, mold, roof, city requirements and overall bad due diligence on my side.