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Good Evening, I just closed on a duplex in the same neighborhood as my others. They all rent for $650/door or better. Tenants pay everything except sewer. I met with one of the new tenants tonight to go over things wi...
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From what I’ve come to understand, when the seller says, “Let me think about it”, you’ve lost out on the deal.” When somebody gives you a “maybe” or they push you off or they put you on as an option, you’re going to l...
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I launched an STR this past June in Cleveland, Ohio. Now that we're entering the slow season, we're experiencing a significant dip in bookings. Given Cleveland's cold winter weather, this downturn wasn’t entirely unex...
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I am curiuos to have insight from people who were in the business post Savings and Loan Crisis...specifically from a more experienced perspective..What do u guys think will be the effect of the Bailout ...vis a vis R...
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I have a tenant who has paid insufficient rental payments for a few months in a row (rather than the $1,900 rental payment due, he pays $1,800). The remaining and late $100 is paid very late in the month. For the...
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Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like. I don't understand why my taxes go up a few bucks when I change move an item (a kitchen appl...
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Hello, I am in the process of getting a pre-approval before I start my hunt for my first rental property. My mortgage broker is pushing the idea of a non-QM lender being the one who funds this deal. My broker says I c...
Hi Everyone - I wanted to share my recent experience with the community. Just thinking about writing this post is making me sick but I'm hoping others can learn from our mistakes...One of our flips has a driveway that...
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Hi everyone. I have a questions about cash flow of rental properties. So I’ve been reading about all of the expenses I should be taking out of the rent I receive to determine my pure cash flow. Mortgage, taxes, insura...
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Hello Everyone,Wanted to make a post to connect with you all to ask a question about MTR’s. I currently have one Arbitrage STR property in Raleigh, North Carolina close to Downtown and it has performed very well. I am...