As a preface, I have a bunch of C class apartments. Occasionally someone leaves without paying their last month's rent, I evict someone, or some other situation arises where a tenant has moved out while still owing me...
I've learned that a COC ROI of between 7%-10% is what most RE investors look for when deciding whether to invest or not. My question is this. Is COC ROI still important if you are doing an all cash purchase?
I am purchasing my first property. How much liability insurance should I get? Is there special consideration I should look for as I add more properties going forward.
Thanks
Mike
Do you guys make an accounting distinction between non-paying and vacant?
I.e. when you're thinking about your own "vacancy" rates, do you include people that aren't paying?
If, out of the last 72 unit*months (8 mon...
I own a SFH.Bought it in 2009 at 385K + 50K in rehab = 435KCurrent Market Value 785KCurrent NOI = 32K Annual = 7.7 % Cap Rate on my investment, 4 % Cap Rate at current market pricesshould I continue holding it or sell...
Looking to get feedback from anyone who has successfully built an ADU on their primary residence. I realize when building an ADU and renting it out, you lose a level of privacy but it's a sacrifice for rental income. ...
Wondering if there were any mentors who could examine my numbers on a rental house that I own.I own it outright. Zero liens.Rent: $1553 per month autodeposited Taxes: $8200 per yearManagement: 10%Expenses: $3600 (wate...
I had an AMHA approved tenant sign an "as is" lease for my rental property. The tenant had already inspected the unit before signing the lease. However, on move-in day, the tenant claimed the unit wasn't clean enough ...
Such a sad tragedy on what happened over there. I hope they get through this and recover. I understand that Haiti is still recovering from their disaster last year so it's going to be a long road to recovery and I wil...
Since last year, my wife and myself have been house successfully house hacking an SFR. Instead of buying another property now, we decided to see if it was legal in our area to put in an ADU. I just reached out to the ...