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Let me say first, this may be in the wrong forum but this seems to be the closest to the topic at hand.The question is, "How does one account for Vacancy and Repairs?" The question is specifically related to Quickbo...
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The seller is open to financing my purchase, which is what I'd like to do if only to avoid a monthly PMI payment (~$140). There's always more to be made in seller financing from what I understand. The unit is in a ...
We are completing a 1031 exchange. First property in CA, 2nd in Houston, TX. Some friends say they have completed 1031 exchanges on their own and all you need is 'keep a paper trail of transactions'.However, given t...
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Is this a good deal or not?
Memphis, TN 39118
3:2 SFH
Built 1970s but full renovation to include roof, HVAC, floors and more costing about $35k in 2015.
Currently rented for $915. Market rent is around $950 to $99...
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I believe you do your own management and maintenance. How does that affect your expense ratio? Does that take it down to 40 or 35% on average??
Also, is there any maintenance/repairs/improvements that you never do yo...
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Hi All,I just wanted to get a quick read on a scenario and a general opinion if you would do the following deals. I am contemplating on selling two of my properties via a land contract/owner financing. This is purel...
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Hey All -
I've got a 58 year old boiler in my house that needs to be replaced and I'm looking for recommendations. What does everyone suggest?
I'm willing to consider just going with a new boiler, or...
I was recently asked about my opinion in having stainless steel appliances in rentals to which I really did not have much of an opinion on the matter other than as an agent I rarely see it rentals. I want to pose t...
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Hi everyone,
I've traditionally stuck to long term buy and holds that have required limited repairs/ improvements and have not gone through the refi process as yet. Any input you all may have on the margins and or d...
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Good evening! As of late I have began my journey towards RE investing and rentals, with research. I have purchased a new home and am looking for some guidance on the decision to sell or rent my home out. The money I w...