Yishi Garrard
What % of gross income for expenses?
Hi,
What % do you use as your "rule of thumb" for estimating annual operating expenses when evaluating an income property? Here in Tucson, AZ, most properties that I manage for clients are running between 20-28% expe...
Joe Jackson
Feedback / suggestions on my rental investment returns.
I read through a few posts here, trying to see what returns people are shooting for.. and most don't fit my situation. I made my money in tech, and want to be able to not have to worry about money for the rest of my l...
Marshall Rousseau
Didn't include no-pet clause In the lease - could be problematic
This has not yet developed into an issue, but I feel like I may have screwed myself over. The tenant knows that she is not allowed own any pets on the property because it was made clear in person and when the unit was...
Tariq Hakeem
12 Ways To Meet And Welcome A New Neighbor At A Distance
12 Ways To Meet And Welcome A New Neighbor At A Distance
Being the new kid on the block can be intimidating or lonely under any circumstance. Since COVID-19 struck and turned our world upside down, close to 4 billion...
Stephanie Cortez
First multi family
Hello! I am feeling really anxious concerning a potential buy and want to know if I am making a good decision. I am closing on a duplex in booming West Philly which has a bonus unit in the basement. I could potential...
John Foster
New to Rochester, Interesting in Connecting with Pros!
Hey All,
Recently I relocated to the Rochester, NY area from Pittsburgh, PA. My Fiance & I bought our first duplex in August, renovated the upstairs unit & currently live in it. We plan on renovating the down...
Chuck King
Lease: Simple vs Complex
I am trying to draw up my first lease and I am at a crossroads. I am leaning towards a simple lease that notes the length, fees that will be assessed (late, returned checks, etc) and a few general rules (legal jargon...
Virginia Jones
Business Plan
I posted this a few minutes ago and the link didn't work. I've since added the business plan to my finance blog. Please feel free to take a look and let me know your thoughts. Also feel free to look at some of my othe...
Mischa Turner
First Analysis - Seeking Feedback
First time poster/investor here!Stationed overseas, but a house on my mom's street just came up for sale. Listed at $88k with a contractor bid for $140k for a complete reno to bring up with two comps for ~$250k. There...
Niaja Farve
The Accountability Post
For awhile now I have had goals around real estate and really have progressed as far as I would like. This post is meant to document my journey to hitting my real estate goals as well as holding myself accountable. Go...