I’m considering purchasing a rental property or two in the Dallas area to use as a STR revenue generator and get my feet wet for some passive income before I retire. (Note: I’m aware of the new STR restrictions in the...
Should i be providing disposable toothbrushes and extra toothpaste to guests? Is this an amenity worth spending $$ on?
Wondering if this is reasonable. My PM scheduled a yearly inspection they my property and uncovered these issues:
Sprinkler eroded a hole in the dirt near the house
Fascia has a gap
Tree needs a trim
Kitchen cabine...
Hi all,
I under contracted one 6 units multifamily in Bay Area and doing commercial loan with Chase.
The financial of property is good:
DSCR = 1.3; LTV = 45%;
Both my liquidity and net worth passes Chase's ...
Hello everyone,
My wife and I have been looking at properties for the past couple of days and we had been writing everything down by hand.
I got sick of the disorganization and created an excel sheet to see if prope...
Hello everyone, I am going to manage a rent by the bedroom house hack pretty soon and I am curious as to what systems some of you have used to handle maintenance request. My goal is to manage the property as if I’m no...
When request bid from General Contractors my SOW stated bid to include everything from gutting to buy materials and rehab per plan. BP member's suggested the bid to separate for labor and materials. I was surprise...
Trying to understand and also potentially give a warning.
Here are the details - I recently had a tenant move out. She was overall a good tenant. She gave 30 day written noticed and communicated through out the pr...
I need to build a balance sheet for my properties. What I have so far... Assets, cash and the properties. Liabilities, balances owed on properties, credit cards and lines of credit. Am I missing anything there? Also, ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $185,000
Cash invested: $55,000
Contributors:
Gregory Crane
Sourced on the MLS. Partnered wi...