Benjamin Amaral
Consecutive Storms Cause Damage to Tenants Car
I recently posted about a significant wind storm in October causing damage to one my tenants car (windshield and body) when branches from the tree in my driveway fell onto their SUV. This was a significant wind storm,...
Nitanth Vangala
Tenant Broke the Fence with her Car
Hey everyone,One of my tenants drove her car through the wood fence of our rental house and it requires work. What have people done in this situation? Here are the possibilities I could come up with:1. Just pay to get...
Shant Ohan
Converting three car garage into a room
Hi everyone,I live in Turlock, California and I’ve been doing a lot of research in our market and looking into many deals and just can’t get the numbers right.My question here is it possible to convert 1 of the three ...
Patricia T.
How much car insurance do I need?
Hi all! I wasn't sure where to post this question. For car insurance, my agent is telling me that I need a certain level of coverage. According to the agent my main concern shouldn't be the car but rather the damage t...
Mark Huang
Prostitutes parking cars with clients on property
The past month I’ve been recently having an issue with prostitutes bringing clients onto my property in the clients’ cars and doing their business. My property is in city heights and has an alley in the back where I h...
Drew Petro
Car Wash Asset - What Am I Missing
Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...
Justin Ball
EBITDA Multiplier for Car Washes - Midwest 2023
I'm helping a client who is interested in purchasing a car wash in Central Illinois (Peoria). Has anyone bought or sold a Midwest car wash recently who could share the EBITDA multiplier that it was valued and/or sold...
Elmer Glick
Any experience in buying a car wash?
Does anyone have any experience in owning a car wash? I am under contract on a car wash and wondering if there are any potential pitfalls we should be aware of?Any advice is much appreciated, blessings to everyone!
Hunter Purnell
Sports car with advertising a valid deduction?
Example. Buy a Corvette and put lettering on the back windshield “Will buy your house as-is for cash! Call xxx-xxx-xxxx” or make a website for people to fill out a form. I actually think this would be pretty good adve...
Jennifer Connolly
Paying down Car Loan to Improve DTI
Hey folks,
I'm planning on getting a preapproval soon, but I have a DTI issue I need to resolve.
I pay $380 per month for my car and have 16 months of payments left on it. Unfortunately, with my low inc...