Brian Keeler
What‘s your ecpected ROI on renovations?
My colleague suggested the following as a loose rule of thumb for ROI expectations on general upgrades:Ex:For $100 rent increase:$100x12 mos= $1200$1200/20% (ROI)=$6000Conclusion: $6000/door = $100 rent bumpDo you agr...
Ryan Williams
Max Market Rent or Stable Rent?
Hello! I have a lease ending on my rental property here in Denver, and I am debating whether I should re-list my rental at a max market rental rate, $200-300 more monthly than my current tenants' rent, or if I should ...
Violeta Skarpeta
What is a normal water bill for 4 adults (Pittsburgh, PA)
My bill was $120 with 2 people, it went up to $160 when 2 more people moved in. Now it's suddenly $240... Should I investigate a leak or could it really be consumption (like tenants had guests, taps were left dripping...
Faith Kirk
New to House Hacking - Do work myself or Hire out???
Question: When House Hacking, does one do the work themselves or hire out?
Jim Goebel
Price Increases limiting returns - time to do something else?
I think we've had some success which has been a combination of hard work and some fortuitous timing. We own 6 rentals, about to become 8 (already own the 2 others but they are coming online in next 2-4 months).1 of t...
Tay Huang
Large Multifam Dev in Hot Vancouver BC Suburb
My friends and I are considering a large mult-family project that would involve significant financing. We don’t have experience wth projects this size. We want to ensure we’re considering potential pitfalls and optimi...
Carlos Romano
Odd conditions on mortgage?
I’m working on a mortgage for a primary home and these stipulations seems very strange…am I being paranoid? I sold a vehicle and paid off a credit card (2500 dollars) to improve my savings and borrowing rate, now the...
Andrew Coulton
Old Duplex House Hack in Texas
Hi all, I put an offer in on a 1968 Duplex in North Texas. Plenty of upside and potential for rents to go up with rehabs required on both sides. Offer was accepted and I went under contract. Idea here is FHA loan, li...
Cassidy Burns
Would you decrease monthly rent in order to keep a great tenant?
Good Morning BP,I have a wonderful tenant who has been with me for 8 months now and just reached out to me yesterday that she has to move May 1 as the rent is a littler higher than she would like to be paying ($625 + ...
Shaun Palmer
Septic Tanks - Protection for Long Term Buy and Hold Rentals
I am investigating purchasing another long term buy and hold property that has a septic tank. The market I am looking in seems to have decent returns so I am interested but in my opinion having septic vs. sewer is a ...