Warning: the below is a lengthy, generalized hypothetical. The questions are about calculations of average (yes, "average" is a very dangerous word because most years are far from average) returns on rental properties...
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Hi All,
I wanted to share my first flip story(I will try and keep it short) A success all in all and an even better learning experience.
I took a hiatus from the site while doing my flip just because I didn’t want ...
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Looking for some advice and for some ideas I’m not thinking about to fully maximize my situation. I’ll be as brief as possible. When I got into REI 5 years ago I had the ultimate goal of owning an apartment building ...
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I'm seeing high electric bills in our STR properties and was wondering if anyone had tried using a web thermostat to reduce power usage when the unit was vacant. The idea would be to turn the AC up (higher temps) whe...
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California landlord. Tenant is suing in small claims court for full security deposit plus damages. He rented my house. I agreed to end his lease early because I wanted to move back in early. Everything was by email or...
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I recently contacted my property management company about picking up more properties, and they hooked me up with one of their agents. After we talked for a bit about my goals, he sent me an off-market property that he...
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I have a verbal quote for 14% of monthly rents for 3rd party property management. I know typical rates are 8-10, sometimes I've seen 12%. But could a PM be rock star enough to warrant a 14% rate? I just can't see t...
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So, right now, I'm new to the game and I'm in the planning phase. I think it's a good idea to begin in wholesaling so I can get some good hands-on experience of the market and build a network. I've been doing a bit of...
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Hello BP,
I am a new real estate investor and I recently opened up my LLC for real estate as I am getting a rental property in the next month and plan on continuing to build my portfolio with the BRRRR strategy.
So...
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Hello, I'm just curious if there is any "turnkey" apartment in B/B+ neighborhood in the 750k-1M range? What does the actual number look like (no pro forma please)? Or is there such thing as turnkey apartment at all? I...