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I am planning to buy a rental property in Boulder, CO. The property will result in slightly (about -$500 annual) negative cashflow after considering all usual costs (P&I, HOA, Repair etc). However, if I buy this p...
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I typically haven't charged for applications, but I just used an agent who charged $40 per adult.
Then I found this article about a landlord in San Francisco who took 250 applications for one unit at $40 a pop.
http...
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We have an apartment available, but there's about 1 in 10 applicants that ask to see it before applying. I don't want to drive all the way there just to show the apartment to someone who I'd never rent to anyway. Ho...
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Hi All,
I have been researching the idea of putting together a STR portfolio and eventually raising capital once I can create a predictable system around buying and Cash flowing these assets. The big concern I have ...
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Lonnie Deals are financial boomerangs:I want to tell you about one of my favorite deal structures: the Lonnie Deal. That’s when an investor buys a mobile home on a rented lot for cash and resells it, offering owner fi...
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I know LA is an appreciation market, but running through any deals’ numbers, whether single family, or multifamily, I can’t see how anyone’s not losing money unless they buy a property in cash.In LA, the housing costs...
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It's important to read what it covers and what it DOESN'T cover:
The person has to prove they can’t pay the full amount because of loss of work RELATING TO COVID-19
The person has to make every attempt to pay rent...
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We are within one property of our goal for SFH, buy-and-holds. That makes this year the year to focus on cash flow and I am spending the time I normally spend on buying/renovating focusing on improving cash flow by ...
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Hi BP Folks,One of my unit is rented out to a tenant with a refrigerator. Recently, the refrigerator broke down and we got it fixed in about 10 days (the earliest we could get a technician to the house). Now, the tena...