Jason L.
How to charge for plumbing bill when two units share one drain?
A plumber recently came out to my duplex and found paper towel that clogged the toilet in unit 1. The thing is that the drain is shared by both units, so technically the paper towel could have come from the unit behi...
Raju Pothuraju
Criteria for out of state - minimal mangement
Does this sound like a good criteria for out of state owner investment: at two least of three qualifiers (requires minimal involvement of property management)Newer house 1985+Good school district (yellow or green in ...
John Shiraef
Chattanooga boy...just getting his feet wet
Hello Everyone! Man oh man am I glad I found this place! Kudos to Mr Dorkin for making this thing happen. After sifting through all the crap that is out there on the web I can't tell you how refreshing it is to fin...
Peyton LaBarbera
What investment formulas do I need for rental properties?
I am overwhelmed by the number of different formulas that are out there for rental property investing and I don't want to overpack for lack of better words my investing formula arsenal so I would like to know what one...
Justin Goodin
👋What is Considered a Good Multifamily Cap Rate?
What is Considered a Good Multifamily Cap Rate?The short answer is it depends!There’s no universal standard since it relies on two main variables–your investing objectives and current market conditions.Some key factor...
Courtney Oldrin
How to write a lease and screen
Help! I am up here in mid Maine (properties in Old Town and Appleton) stuck in the fetal position- would someone help me up? Specifically, how do I write a lease and how do I screen? Is there an online service that...
Naga A.
Three Option (1) all carpet, (2) partially carpet and tiles or (3) partially carpet and wood lminates
I received the below cost estimate of three options (all carpet, carpet for a master bed room and carpet for a master bedroom and wood laminate for the rest) from my property manager.
My questions are:
1.) is this c...
Cade Olof
CLOSED ON MY FIRST INVESTMENT PROPERTY!!!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $375,000
Cash invested: $17,000
I bought the property using an FHA loan for $375,000. I had to put down 3.5%...
Rick Moccino
Homeowner Deduction for a primary residence vs rental property
If I am buying a property to live in, I am eligible to deduct mortgage interest and premiums, and real estate taxes. Can I deduct these if I later decide to rent out the property?What if I buy to rent outright?
William Alonso
What metric are you looking at most to determine investing ?
Hey all investors,I'm curious to know what metric most of you are looking at when determining whether to pull the trigger on an investment. I know you have to take the property as a whole and all look at all numbers,...