Tasha Smith
Raising Rent - Different monthly rates for inherited duplex tenants
Hi All, We plan to present the binder method to our inherited duplex tenants. Each unit currently pays the same amount ($1350). Question is if we have a conversation with each tenant about what they feel is a fair ren...
Owen Hogarth
Here we go
I don't quite understand the american ideal sometimes; now here i go. i'm starting this because it was request, i understand we all come from different places and look at the same situations differently but please no ...
Chris Trupiano
Devil’s Advocate for direct mail plan
Hello! I'll soon send out my first mailing and am hoping for any with past experience to point out any questions I'm not considering, or further poke holes in my plan. I'm looking for value add, small multi family.I’v...
Allan Foote
Thoughts on college?
As a young and eager investor I consider myself very blessed and fortunate to be where I am and have the people around me that I do. I currently live in San Antonio, but just finished my first year of College up in Ut...
Chris Gavre
How did you fill your mobile home park?
Hi guys. I’ve recently closed on my first mobile home park in South Carolina. I’ve had it about 2 weeks and am looking to strictly rent out the lots. However, as expected, the demand for this is much less as people ha...
Zach Shahan
"Refinancing" Part of BRRRR
Hello,Still trying to wrap my head around the refinancing part of BRRRR. I'm reading the book currently and taking notes as a go, but have already developed a few questions:1) Ex: I find a private money lender to buy ...
Sean Wilt
Property Management Fee???
So considering a major life move :). I'm new at this STVR biz (about 2 years) but feel I have a good handle on what it takes to make money in this space managing our 2 properties on our own. As we continue to build...
Adam Johnson
Mobile home park turnaround - I'm stumped
Experienced investor here. Bought a park 6 years ago, distressed property, about 2 hours from my office. High vacancy, poor condition, poor management. I started off great the first couple of years. Was staying ne...
Steve S.
Multi family need your input before I proceed
2 part thread here:#1 what do I need to learn about before going into multi family#2 I have an opportunity to buy someone's properties is it a good deal?So I have experience in single family homes but now I'm thinking...
Aaron Junck
"50% rule"
As far as the "50% Rule" goes.
When you evaluate a property and you say 50% of the monthly gross rents should be figured for expenses prior to servicing any debt, does this vary much if you are going with new constru...