Łukasz Juraszek
1% rule, 2% rule are BS...
In the book How To Invest In Real Estate, the author claims that a property that doesn't meet the 1% rule will never be cashflow positive.Here is a proof against it. Buy a property for 500K cash, rent out for 2.5K, su...
Aaron McGinnis
Flip blog - The heart attack house
With apologies to J Scott - typically, my team and I refer to our houses by the street number. In this case, we have two houses side-by-side, and referring to them by the street number is confusing everyone... so we'r...
Jason L.
Home Insurance Rates in Florida Have Gone Parabollic
I got renewal quotes on 2 of my investment properties in Tampa this week. Last year I paid $1475 in premiums for the 2 houses combined, but the quotes this year came in at about $2200. That's about a 40% YoY increase!...
Jonathan Johnson
6-unit apt, all vacant, cat-lady "tenant", distress Landlord
Hello all,Long time lurker, first time poster so be gentle.I live in a small college town and I found a 6-unit apartment that I'm considering purchasing. I have a friend currently renting there ($600/mo) but he's movi...
Jason Mak
California vs. Texas
Starting this thread after reading through the "Austin is Hot" thread. After reading that thread, the Austin atmosphere looks similar to California. I'm a California investor and certainly a dearth of deals out ther...
Dustin Sanders
STR Bookings Slow & Daily Rates Low?
Is anyone else experiencing slow bookings? I am in 3 different vacation heavy markets and my April & May calendars are at about 25% occupancy.
Kevin McGovern
Losing thousands - cancellations left and right due to Austin Energy
Unbelievable. And to think I just submitted/paid my Q4 quarterly STR taxes to the city and this is what I get in return? What options do I have here in terms of compensation? Sure, things happen and I can live with...
Derek Persuit
Many Retail Stores Closing! What Happens Next?
We're beginning to hear from all over that retail stores are closing and at a very high rate. Amazon and online shopping alike has made it convenient and easy for us to do a one stop shop for things from groceries to ...
Account Closed
pex plumbing
Just heard about a product called pex. Just wondering if anyone has used this product. From what I have found is that it is cheaper than copper and more expensive than plastic. Let me know the good and bad of this pro...
Cherilyn Williams
Tenant with Late Rent Payment Twice within 4 Months!
I just bought my first investment property, a SFH in January. My tenants moved in March 6, 2024. I require that my tenants sign up for automatic rent payment through Rentredi in order to lease from me. It is stated ...