Hello All! My name is jeremy, and im a relatively new member of this greatly appreciated and informative site. Im thinking that ill be able to get some good advice and/or info on implementing an idea that ive had for ...
I don't want to debate if the 50% rule in this thread. I want to talk about the assumptions and categories to see how a landlord can be a lowest cost producer/efficient entrepreneurs.
I know it varies from state t...
I grossly underestimated maintenance and make ready costs for my KCMO portfolio. Operating costs are through the roof and net income is non-existent in my first year of business. I started with 2 SFH turnkeys which ha...
Hey guys, I'm 23 and closing in on officially purchasing my first rental property, just finished inspections this week. The property is a 4plex in a great part of my town. Two of the units are currently rented to LONG...
Hey guys, A little background: I've been renting a house for 2.5 years and my landlord is looking to sell. 2 Years ago they moved to Chili and now they decided they're going to stay. Before I moved in they had the hou...
I know many of you may have seen the topic and thought about your first fix and flip. I actually would like to get some of your opinion's on rehabbing my first home to live in. Let me explain. My wife and I are gettin...
Happy Friday! As I go through screening potential renters for my unit, I'm intrigued by all the horror stories I hear. My previous tenants were great, always paid on time and took care of the property. They were less ...
Rehab newbie here. We started demo on one unit in our new fourplex today. The kitchen alone had 4 different types of cabinets, 2 mismatched counters (that were connected) and once we tore up the first layer of floorin...
It seems as if a large number of buy and hold investors try to use the 50% rule for their rental properties. I myself think the rule makes perfect sense and that is what I use also.
I would like to get everyone's o...
Hi guys, Was wondering if I could get your input. Our first out of state investment has been a learning experience for sure. Our PM said we'd need some yard work and house cleaning estimating it to be $800 -$1000. I s...