Elijah White
Repairs are killing me!
Hello all, I have two rental properties in Wichita, KS; both are single family homes that should cash flow around $250 per month but the repairs and fixes that I have had to do over the past six months (and especially...
Eric Reichelt
Michigan taxes killing possibilities?
I'm really looking for the solution to this problem. I live in Berkley which is just an average blue collar city with a small population. My home which is a 3/2 has a tax of 3k annual, which is the norm here as we...
Jon Klaus
Killing the goose - California
WSJ column-The Great California Exodus
http://online.wsj.com/article/SB10001424052702304444604577340531861056966.html?mod=WSJ_hp_mostpop_read
"Nearly four million more people have left the Golden State in the last t...
Andrew Faukner
Hesitation killed the deal
My daddy always used to tell me, "Son, stop or go, you have to decide, it's the hesitation that will kill you." When I was younger, I used to think he was talking about things like crossing a busy street. Stop, go, bu...
Tariq B.
Insurance Killing My Deal
Hey All,I have a 4 unit deal under contract. It's two duplexes on one lot. purchase price $219,000 taxes $2500 and net rents 2250 a month. It is what I feel is an OK deal. But what is really making this deal look sour...
Luiz Souza
Second Killing the deal
The 1st allowed $2.5K and the seller would bring anothe$1K totaling $3.5 but the 2nd (Chase $50K/conv.) wants $8.3K or there is no deal.
Any ideas?
Jim Macedon
Lender is Killing my Buzz
Built my first 4plex. Currently shopping for the permanent financing. I mentioned to the loan officer that I believe the building will be worth $700,000 and I want a loan for $500,000. He asked what I owe on the co...
Jay Hinrichs
The 2% rule kills values
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
Susan S Morris
Airbnb - Kill Devil Hills, NC
Investment Info:
Single-family residence buy & hold investment in Kill Devil Hills.
Purchase price: $325,000
Cash invested: $25,000
3 bed, 2 bath beach box. Approximately 1000 sqft
Hobart King
Insurance is killing my rentals
Can someone tell me what a normal amount is to pay for Insurance on low end rental properties? I own two rental properties in a 50/50 partnership in Birmingham, AL.
Rental 1: Market Value ~50k. Insurance Payments ar...