Julie Haveman
How we increased cash flow by $601 per month on 2 duplexes!
In September we purchased 2 duplexes that share a parking area. Since then we have increased the cash flow by $601.00 per month. The previous landlords never increased the rent once a tenant moved in, so the rents w...
Nina Granberry
Estimate Utility Costs (water, sewer, garbage, etc) in KC?
I am currently practicing deal analysis, using the rental property calculator tool. It takes me a while to analyze a deal and even then, I am not 100% confident that my numbers are right each time.I'm trying to make m...
John Slater
Pre-Foreclosures are increasing, any trends in your area?
Curious to know what you see in your state.
We are seeing pre-foreclosures continue to increase in So.Cal, and continue to see the same trends over and over again....
A lot of these pre-foreclosures have two things ...
Mike Rice
Buying a SFH with a Pool
Hello BP members! I am currently looking into a SFH that has a pool in the back. It seems to be in great condition, but I wanted to ask you all if there is anything that I should be aware of if you have an investment ...
Jim Cellini
Looking for property manager
Hello BP - I am looking for a new property manager for a duplex (2 x 3bed/2bath units) located in Rumford. 1 side is rented, the other side we just moved out of is currently vacant. My current property manager has bee...
Neal Collins
How much do you pay your accountant?
I am in the processes of shopping around for an accountant that can advise for a fix and flip business. I found a guy that sounds extremely knowledgeable, came highly recommended, and works primarily with real estate ...
Kirk Johansen
1st Multifamily unit Purchase
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Killeen.
Purchase price: $280,000
Cash invested: $70,000
4 plex comprising of 2x 3br/2ba and 2x 2/1ba.
What made ...
Craig Jones
STR insurance NREIG / Third Coast
Does anyone here have a policy from NREIG underwritten by Third Coast Insurance? I'd be curious to hear about your experience.This appears to be one of the only options I have for insuring my STR in a wildfire area, ...
Tom Henderson
Difference between ROI and CAP Rate?
Hello Team,I am working on updating my Annual Property Operating Data worksheet (from "Cashflow and 37 other equations you should know"). I have a CAP rate metric on there, I don't have ROI. What is the difference bet...
Wesley W.
Tenants challenging minor rent increase
Some context…
Small multi-family building (4 units) self managed. One of the upper units went vacant and needed an update (flooring, paint, etc.). Power tool work began no earlier than 9:30am and finished no later ...