Hello everyone, P.J. here and I am an absolute rookie here and looking for some advice. Just a bit about me, I'm in Southern California and am looking at vacation rental properties out of state and have already found ...
I own a few condos solely under my name and with loans in the Orlando area. I have HO6 insurance and an Umbrella policy to my name. I take care of the paperwork, finances, accounting, paying bills, finding tenants, cr...
Two questions about the requirements in Washington State around making improvements to a home that I buy for the purpose of flipping and own for less than 12 months:If I'm not licensed as a general contractor, but hir...
Hello all,I was wondering what cost assumptions people use for Maintenance and Cap Ex when calculating CAP and COC returns expectations for condos. For a SFR I typically use 15% of rent to cover both items. However I'...
Hey folks,I just recently closed on a small SFR in St Cloud and have it rented out as of yesterday. As I do not live anywhere near there, I would like to find a few resources that might be able to help me.First and mo...
I am considering a potential rental property that is on well water & septic. I have never lived on well water & septic, so I don't know if my fears are justified or not. I have visions of sewage seeping up thr...
Looking to purchase a 20-unit B class multi-family piece of real estate with a partner. We both have full-time jobs so our time will be limited. What type of management/maintenance should we plan for this type of oper...
Hi all,Either I’m doing something wrong or this property doesn’t cash flow very well. To be clear, the deal isn’t done quite yet. This would be my first ever home (duplex) purchase. I’ll be living in one unit and rent...
Are you an investment property owner looking to streamline your property management processes? Whether you're considering hiring a property manager or managing the property yourself, there are various strategies to en...
It’s been a few years since I have seen this subject discussed so here goes. I am contemplating building a 4,200 square foot 4 plex on a $50,000 piece of property in North Texas. If I can build it for $75 a square fo...