Andrew Syrios
Charging a Monthly Maintenance Fee
Hi everyone, we are thinking of charging a monthly maintenance fee to cover our semiannual preventative maintenance inspections (where we check for leaks, clean the AC unit, replace the furnace filter, etc.) and also ...
Chris Gilbert
Tax deductions under the de minimis rule
We replaced the deck on our rental house in 2016, but to make a long story short, we made a number of individual payments for various parts of the deck. We made payments for various materials, labor for different par...
Ciro LoCascio
5x Condos Deal Analysis... Good or bad Investment?
Hey Guys I need everyone's opinion as I am just a couple weeks away from signing a contract on 5x condos, four are 2 bd and 2ba and one is 1bd and 1ba. The price I got him down to is $45,500 each for 2bd and $38k for ...
Rick Hernandez
Four Plex- I want to pull the trigger on this one but should I?
Good morning,Here is my background. I am a newbie investor who purchase first home about 5 years ago. Since that time I have acquired a total of 8 SFH in my area. All of the homes cashflow well, are located in good...
Account Closed
LLC question
Hey, guys
So, I've read multiple times to not hold all of your properties under one entity (LLC) because this places all of your properties at risk in the event that your entity is sued. Instead, a number of entities...
Account Closed
Typical rent increase per year
How much do you typically increase rent per year? Is it different in a hot market vs. a slow market? Please share what market you invest in.
Ryan Marble
HELOC to buy STR's?
Is it a bad idea to use a HELOC to pay the down payment for my first short term rental investment? And how do I factor that in the Cash on Cash return when analyzing properties? I'm still trying to learn all I can as ...
Brian Hart
First Buy
Hello everyone, I have an opportunity to purchase a turnkey triplex for 280,000 in arbutus md. the gross rent for the property is 2,900 a month. this falls into the 1% rule. it has two 1bedroom units and a 2bedroom un...
Tara G.
Rehabbers: What is your average net profit per project nowadays?
Ours range from 8K when we first started 5 years ago to about 30K for recent flips.Averages about 18K-20K. This is net, after all selling costs.
Chris C.
New young investor from Toledo, Ohio.
Hey all, I'm new to this site and, perhaps, a future landlord.
My end goal is to be able to have a decent income from renting out alone, I'm not here looking to have over $50,000 income annually within 2 years, but I...