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Results (243)
Marty Davis Newbie needs advice, I saw something I dont understand
23 December 2016 | 25 replies

I was at a sherrifs sale in november and saw a property with a sale price of 360k in 2005 (8 plex) which the bank was forclosing on. The upset price was 166k and no one bid. The bank got it for a dollar. This past Mon...

Mark Smith Nest Thermostat
28 December 2021 | 22 replies

I am really interested in the Nest thermostat for my two unit property as I pay the heat, however the property does not have wifi so I wouldn't be able to access it from my phone. Is it worth it to get some sort of wi...

Joey Nakayama What would you do? Inheriting tenant with under market rent
19 April 2016 | 10 replies

It looks like I’ll be closing on my second 3 unit property in Chicago June 1 (finally!). Two of the units will be vacant by closing, and the third unit tenant’s lease expires May 31. This tenant would like to stay, an...

Caryn Zallnick Can you use Brrrr to finance Air BnB?
8 February 2021 | 25 replies

I am just curious if anyone thinks that the BRRRR strategy would work with Air BnB? I know that to refinance into a bank loan you would need to show projected income on the property. Would this work similar with a sho...

Roig V. Price Per Square Foot vs. Cap Rate/Return Metrics on 2-4 Unit Multi-Family
22 December 2014 | 6 replies

Hello All, I wanted to float a scenario that I found myself in to get some perspective on people’s opinions of where $/SF should rank in terms of priority when valuing a 3-4 unit MF property. I recently came across a...

Megan Silver Flashy vs. Practical: Breaking out of my long-term rental niche.
29 April 2018 | 17 replies

TL;DR: We are good at long term rentals, but we want a beach house. Is that a bad idea?Background: My husband and I own a few (mostly local) long-term rentals that all have a positive cash flow. While I'm not finding ...

Scott Donahue To Self-Manage or not to Self-Manage
27 February 2020 | 13 replies

As I sit in my rental with my second consecutive no-show appointment, I can’t help but ponder: to self-manage or not to self manage. I’ve gone back and forth, see pros and cons of both, and would love to know your tho...

Nat C. The Magical Trick to Dealing with Contractors?
12 November 2014 | 15 replies

If I knew the answer to this question, I'd be a lot better off.Sadly there are many, many untrustworthy contractors. I live in the land of South Florida where the worlds most shady contractors congregate.In the past 5...