Cameron Lambo
Quantity vs. Quality: When does a rental reno cost too much?
When does a rental home renovation cost too much? I purchased my first home while college and it needed a ton of work. I used this home as my “crash course in home renovations”. I did all the work myself by watching Y...
James Galla
Rehab Costs and Tenant Turnover
I saw some numbers that I was not quite thrilled about, and I was wondering if anyone here would be willing to share what kind of numbers they are looking at in terms of rehab costs.1. What was the purchase price? 2. ...
Account Closed
Average wholesaling fee for Florida
Just wanted to see how much the average wholesaler charges for an assignment fee for properties in North Florida (Jacksonville/Duval county). Curious about other areas of the U.S. if you want to chime in also.
Javier Coronado
Birmingham, Alabama Over saturated Section 8?
Was looking to do Section 8 rentals in certain areas but I am unsure about Birmingham, Alabama. Does anyone have an idea of how the living situation is over there?
Ryan Standage
Understanding the 50% rule
I have been reading up on the 50% rule, and i am trying to understand it fully. My previous method of calculating expenses only adds up to a mere 35%
my old way includes
Property tax x 12
Mortgage insurance x 12
Re...
Ryan Haley
Purchase, Hold, and Sale of 4-Plex in Columbus, Ohio
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Columbus.
Purchase price: $125,000
Cash invested: $125,000
Sale price: $175,000
All-cash, out-of-state purchase of 4-u...
Ricardo Compian
House hacking brand new 4plex
Wondering if anybody has done anything similar. Im hoping to get into my first deal soon. Im convinced on house hacking a 4 plex on a FHA loan. Before I ask the questions I would like to state that I am looking to get...
Rob Barry
Class C SFR Flooring: Sheet Vinyl vs Vinyl Tile/Plank
I've got two $60k 4-bed units in Warner Robins, GA getting rehabbed for renting on the Section 8 program. They currently have sheet vinyl flooring down in the kitchens/bathrooms. My contractor quoted me to replace tho...
Jeremy D.
Washer/Dryer in a Section 8?
Section 8 rental coming online early 2022. Normally I would think including a washer/dryer for a market renter would be expected but how about a section 8 rental? Its a great area in Kingman Park and going to be ni...
Tom Kaser
Greedy Concrete/Mason Contractor
Seeking input for a frustrating situation with a greedy, and what seems to be, an unethical concrete/brick mason contractor. I'm rehabbing a brick ranch home in North Denver area. At first, it appeared it needed ex...