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Hello fellow investors, I am currently using Farmers and Foremost Insurance. However I ran a few quotes on Obie Insurance (geared specifically towards landlords) and for only the 4 houses I checked, I am saving 1,5k a...
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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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I’ve just completed the rehab on a property and started taking rental applications. I’ve received an application via Zillow (with their credit/background check), and received what appears to be a very qualified applic...
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Hi everyone, I would like to get your advice on how to deal with an outrageous HOA issue I am facing right now. I own a unit in cental NJ, and have been a owner for over 10 years now, always good with HOA payment, not...
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Good morning,I had a real estate investor friend, that is also new to real estate investing, mention that a self-directed 401k or IRA can be helpful for tax purposes. I am looking for assistance in finding correct/hel...
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I have a pretty good questionnaire that I use to interview property managers. It's simple and gets to the point of the important things that I look for and want in a PM.Recently, I came across a situation and wanted t...
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Hello BP,I read someone's investing strategy on a blog post recently, and I found it quite interesting. They rent out apartments, houses and condos, and turn them into AirBnB's. They make a profit off of the rental in...
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We have an offer in for a MFH with window a/c units. The MFH was built in 1934. Would you leave the window units, or pay the $6k+ per unit for central air? The tenants currently pay all utilities. The units rent at $7...
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Is Las Vegas a good location to purchase buy and hold properties?