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Good morning everybody! I feel like i need advice. First i'll tell you a little about myself. I'm 34, i've been in the construction trade all my life, i'm a very skilled electrician of 16 years. I've also grown up ...
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Hi all,I'm practicing by running numbers on a diversity of potential properties. When I run my numbers on SFHs with rents >= $900/month my cashflow ends up >$100/month, but when I go down to around $700/month th...
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Good morning all. I have been reading advice here for years, and following it (along with some luck) has paid off. But before I start asking questions, a little about myself. I'm 27, in a relationship but not marri...
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I'm thinking about buying a couple of rental properties in Tucson or Casa Grande ( SFR's, duplexes, even mobile homes on land ) and I'd like to hear from fellow BP'ers who own rentals in those areas. Basicallly I'd...
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Hey guys hope everyone had an awesome Thanksgiving! I wanted to ask, what were ways you guys explain your offers to the sellers..Lets say the number is in your head and you know where you need to be in order to profit...
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Ok so there was a water leak about 5 feet from the meter outside of the home. The tenant notified me of the leak 27 Jan and it was fixed 3 Feb. I spoke with the water company and the leak began during the billing cy...
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Hi all,
I have a water issue for a 3 unit building that I purchased over the summer. I got a notice from the city that the water has been running continuously. When the water & trash bill came, the last bill cy...
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I need some experienced investors to way in on this. How accurate is the 50% rule? I do not own any properties and I never have so I truly have no idea how much it costs to be a homeowner (including all of the expense...
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Investment Info:Small multi-family (2-4 units) buy & hold investment in Evansville.Purchased a duplex in Evansville, IN, in June '18. Immediately completed a cosmetic rehab on the property and rented out both unit...
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Greetings BP fam,As I continue to build my portfolio, I understand investors should be baking a cash reserve into the cost of a rental's cash flow equation to cover planned/expected costs such as roofing or water heat...