Lesley Resnick
Pulled the Trigger on a C Triplex in JAX
BP-ersOn Friday I purchased a triplex in a C neighborhood. There are 3 units and they are identical 2/1 no washer dryer / dishwasher / disposal. They are simple, 900 sq ft. New A/C, 5 year old roof, no differed mai...
Steve DellaPelle
Why you should always account for maintenance expenses...
My tenant calls and complains that the sink is not draining, I tell them ok I will get a plumber over there ASAP. I figure this is a simple fix. I call today and the initial estimate comes out to around $350...the exi...
Jordan Hamm
Help with Newbie Rental Calculations
Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...
Artur A.
Please help me to run a numbers for a deal (loan, HOA, rent)
I'm planning to buy a property in the Bay Area (Danville, Concord, Richmond area). If something happens in my life and I would need to move out after some time.I'm trying to calculate all numbers, that rent will cover...
Noah Bacon
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Amy A.
NNN tenants acting like residential tenants
I'm under contract for a strip mall and expect to close this week. This is my first commercial property, but I have been managing residential tenants for almost 13 years. I've examined the leases and it's clear that...
Jake Sanders
Kansas City SFH Repair & Maintenance Budget
What do you typically spend / budget for repairs and maintenance for a SFR in KC? This is probably the thing I am most unsure about when running deal analyses. I understand that this can vary a lot depending on the ag...
Zack Welch
How much money should I set aside for maintenance?
I recently inherited a triplex where I live in one unit and rent the other two. The property is payed off and I would like to begin focusing on buying another property. How much money should I set aside for expenses s...
Robin Hunter
When it comes to PMs, what is more important, price or service?
Say you are looking at 2 different property managers. One will charge you 5% monthly and 50% for tenant placement. But then you have another one who will charge you 10% monthly and 75-100% placement. 1. Will you find...
Timothy Casallas
Jacksonville NC Contractors
Hey everyone,Does anyone in the Jacksonville area of NC have any contractors they'd like to recommend? As of right now I only need some simple things for my home. Gutters installed and a few window screens. But I am d...