Joe Conklin
Tenant Moving Out End of March
My tenant will be moving out end of this month and want to make sure that I'm setting expectations with them about leaving the unit clean etc. What are the important things to mention to them to try and have a smooth ...
Francisco Ruiz
STR Partnership Structure - Feedback
We own 2 STRs (TN and VA) and are in partnerships in 2 others (VA and OK). We have learned with each deal and each property about the analysis, design, setup and managment of STR's. Our last partnership was with sem...
Mary Jay
Cap Ex calculation on 100+ year old properties
Hi guys,Those who have 100 year old properties, how do you calculate cap ex on them?Do you say: ok, it will need a roof in 10 years, roof is 20K, so for the next 20K I will save $200 per month for the roof?Then do you...
Al Mcbee
Seller is taking things from house that's under contract.
We are about to close on a SFR in about a week or so, and they are in the process of moving all of their things out of the property. Sometimes, I'll drive by to check on their progress from time to time. Now, here is ...
Jenny Seaborn
Quicken Rental Management VS. Quickbooks
What is the better software for managing rental houses. Quicken Rental Management or Quickbooks Pro 2016. I did see there is a small forum on this, but I still cannot make a decision. Any further help on this would be...
Steffany Kluttz
Best place to learn MF investing?
My goal is owning multi family properties. I'm in the education phase of this journey with the plan to invest in the spring. I'd like to be pointed in the right direction to learn more whether it is books, people, co...
Michael Barger
50% Rule Clarification
I just want to make sure I have an understanding of the 50% rule.
8% Vacancies
6% Insurance
11% Taxes
11% Maintenance/Utilities
6% Management
8% Major Projects
With the remaining 50%, you subtract the mortgage paym...
Marquez Griffin
Househacking. Learn from my Mistakes!
Learn from my experience and mistakes! 1. It is so true that you need to screen the tenants! I was referred tenants by my financial advisor who I trust and is a great individual. However, the people she referred were ...
Chuck Brickman
Lease in Texas
I'm a new investor and am getting ready to lease out my first property. Texas has a standard lease. My question is how do I add, or can I add additional items to the lease? As an example, I want to meet all tenants th...
Rachel Grunn
Denton Condo Flip Property
Investment Info:
Condo fix & flip investment in Denton.
Purchase price: $100,000
Cash invested: $12,000
Sale price: $138,000
Another light rehab on a flip in Denton, TX. I love condos because...