Hao Kung
First 4 plex offer/conservative analysis
Hi, I made my first offer on a 4x plex recently in las vegas. Its an older home built in the early 1970's with 4x3bd. I want to be fairly conservative with my analysis since I want a fairly big margin of safety.
Re...
Roy Sloan
Underpaid rents
I have a five bedroom property rented to college student in New Jersey. The lease has all five tenants names on it. One tenant moved out without notice and the remaining tenants don’t want to pay the whole rent, ju...
Rick Bassett
Tenants repainting our properties
We have always allowed tenants to repaint the walls as along as they return the paint color back (in a professional manner) to our original colors by move-out time.This policy hasn't worked out too well for us we have...
Paul Witte
Help me determine my "walk away" point
I’m evaluating a deal for a buy-and-hold duplex in a stable, desirable area in a midwestern college town. The neighborhood is outside of the typical student rental perimeter around the University. The sale is being ...
Dustin Taylor
STR Self Management Tools
Hey Everyone! Who here self manages their own short term rental portfolio? I own and manage a few properties and I have had much success with my systems. Would anyone like to share all or their favorite their self man...
Keith Meyer
Mobile Home Park Seller with Low Expenses and Poor Records
Hi All,I'm currently evaluating a park with 65 pads with no vacancies, at a lot rent of $450 for a Gross Income of $351,000. The Seller is willing to finance the park with a low Down Payment, between 5-10%. The Seller...
Schuyler G.
My first property - what happened
I'm 28 years old and I made my first residential property purchase in April 2019. The home is a 3bd/2ba, 2300sqft purchased for $417k. Location is great. This home was purchase originally** as my primary residence. A ...
Rob Simpson
4plex Deal - I like it, do you?
The property is a 4plex with four 1/1 units in a nice neighborhood filled with SFR.
Asking price: $120,000.
Disclosed Operating expenses:
- $80/month for landscaping.
- Tenants pay water/sewer/cable/phone/garbage/...
Joel Owens
Tenants being difficult - eviction questions
Okay bought a building.Some tenants are paying and some are trying a ploy.
They are saying the building needs repairs so they won't pay rent.
Questions:
1.Do I have to be at the eviction hearing or can my PM be??
...
Chris Woods
Buying My First Fourplex
I have been lurking for quite sometime but decided to make my first post now that I am in escrow with my first property. I live in Fresno,CA and am purchasing a REO fourplex that currently has 3 units occupied with 1...