Laura Casner
Estimating operating cost on a new construction STR
Hi! Anyone have advice on general rules of thumb or ways to estimate operating cost for a short term rental new construction? I need to figure out a base operating cost so I can consider this when I assess land purch...
Logan M.
My Rules of Rent Collection for Mobile Home Parks
Rent Collection can be one of the biggest pain points while trying to manage a mobile home park.We have a few rules when it comes to rent collection that allows us to collect at a higher rate than the industry average...
Jacob Deacon
1% rule + Client Care
Indianapolis is a competitive market for rentals, and finding properties that meet the 1% rule can be challenging. However, based on my experience, I have found that there are some great options for rentals in Beach G...
Andrew Meyer
Duplex 4/2.5
I am looking at a duplex for house hacking. It is a 2 unit, 4/2.5, with 1 car garage each side, built in 1994 with 3376 total sq ft (~1700 ea side). Seller is reporting rent is 950 on the one unit that is rented with ...
Account Closed
Question about 50% Rule
50% of goss rent goes to expenses right?What expenses are those?Does it include insurance or PMI?Or insurance and PMI is in my mortgage?50% gross rent for expensesAnd 50% for mortgageSo insurance and PMI is an expens...
Kenneth Garrett
Experience in Adding Coin Laundry
Just added a coin washer and dryer in a 4 unit building. Thought we would assign days for tenants to use to avoid conflicts. Any one have any experience with this?
Justin Paradis
Maine and the 1% Rule
Current property investors in Maine, do you find that the 1% rule is a good indicator for our area considering the cost to heat and remove snow that is incurred during the winter months? I’ve started casually browsing...
Jerry Shen
Does the 1% rule apply to multi-family as well?
I've heard of 1% rule for buying rental properties (1% of purchase price in monthly rental income). Does that apply all the way up to large multifamily as well?
Justin Girod
Another 50% ratio/cashflow question
Hi everyone, I just discovered this site a few days ago and have been doing a lot of reading and have learned a LOT. My question is regarding the 50% rule - my understanding is that it is a fairly conservative ratio o...
Sean Conroy
Are there LTR deals in Colorado?
Looking for advice from any investors in Colorado! I'm an out-of-state investor with family and friends in Colorado, so I'm evaluating the market there. I'm looking for SFR and Multifamily, something on the more passi...