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Our tenants just signed a new 12 month lease starting June 1st. Yesterday we noticed that the hot water heater for that unit needs to be replaced. We have two options for replacement: 1)buy a new one (we own the cur...
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Looking at different lender and most are 20%. Everyone know that but I found one that is 15% down but with PMI Insurrance. How do the numbers workout when PMI is factored in? Which is better
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My wife and I are considering purchasing our first rental property with the intent of utilizing it as a short term rental property through Airbnb. It is a studio unit in a condo building that allows short term rentals...
I have my primary home and one rental property. I have 100k equity in primary and 200k equity in rental house. I would like to buy another house before rates go up, probably live in it and turn my current house into a...
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Hello Everyone,
In October of 2021 I bought my first triplex aiming towards doing the BRRRR Method. It was a Triplex that cost $317,000 in Cincinnati, Ohio more specifically the EastWalnut Hills area. When I purchase...
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I'm having second thoughts on a property I was ready to make an offer on. It's a 2 unit property. The basement of the property can only be accessed through the lower unit which is 1 bed/1 bath. The upper unit is 3 ...
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Good afternoon,I am looking at a FSBO. The seller says they are flexible on the price since they are avoiding RE fees. Are the fees just the 6% RE commission or are there other fees I could consider when making a coun...
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Hi - does anyone include an estimate of tax savings based on tax deductible items into their proforma? I know it is not truly part of 'total return' but I would like to include it in someway to help analyze the TOTAL ...
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Did anyone here attend the REI Expo in Dallas (Richardson, TX) this past weekend (Jan 28 & 29)? My question is targeted towards attendees, not sponsors or exhibitors. Thanks!
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I purchased an 11-unit apartment building 6 months ago. The water bill is much higher than the historical average. Any ideas for a diagnostic test that could help me determine way the usage is so much higher. Occupanc...