Dennis L Lewis Jr
Can I get your Input?: Deal Analysis
Hey BPCan I could I get some input on this spreadsheet I put together? I was analyzing a this 9-Unit Property, and for some reason the numbers do not seem to make sense. I feel like this property should be cash flowin...
Philip Levi
HVAC Unit Advice Needed
Hi everyone,I hope this message finds you well! I wanted to reach out for some advice regarding my current situation with my HVAC unit. I have a 20-year-old Rudd unit that needs servicing. The service company can atte...
Henry Geneciran
Out of state section 8 investors, how do you manage investments?
Hi all,I'm in the process of purchasing a single-family home in Oklahoma City, OK. The section 8 voucher pays way above the note of a 3 bedroom 2 bath home. My question is for those who have section 8 single-family ho...
Kaaren Hall
Invested in a House with Your SDIRA? Remember to Keep a Cash Reserve.
After you have invested using your self-directed account, you might wonder about the next steps to take. Importantly, it's crucial to be aware that a lack of available cash in your Self-Directed account can expose you...
Frank M.
Expenses before "in-service" date?
I bought my fixer-upper last March, and it took until November before it was ready to show, i.e. place "in service."I asked prior, if the insurance had to be capitalized or if it was an expense, and @StevenHamiltonII ...
Ingrid Abrams
Management Company excessive side fees
Hi everyone, I moved overseas and hired a big name management co ( Two letters and one number in their name) in Riverside to handle the property. They take 10% which is fine. But it is the excessive side fees that I c...
Tim Campbell
Need Suggestions on this MN Deal Structure
Please offer some input on structuring this deal. Found a seller in Minneapolis metro area. Seller bought a 3/2 SFH as a bachelor pad. Recently married and wife has two kids. 900 SF home is now too small and they ...
DJ Cummins
4plex deal analysis help
Happy Friday Eve Everyone!
Tell me how this one looks. Do you think I should try and offer lower than the 95k asking price? Obviously I was planning on offering a bit less, but not sure if the numbers would require...
Michael Zagorsky
Cost Basis and Losses for converting rental to personal residence
We had a tenant leave our rental property in May of this year. We received about $5,000 in gross rent. The tenant trashed the property and we had to spend about $8,000 on repairs. Including new paint ($4,400) an...
David Bray
Credit Rent for Delayed Appliance Repair
Looking for feedback on how property mangers respond to tenants request for credits for downtime on appliances.A 5 year old washer went out in one of my properties. I contacted a repair company on Monday and they were...