Renee Pratt
Tenant not keeping up with cleaning
While I was doing routine maintenance on an apartment that I rent out, I noticed my tenant is not cleaning the apartment at all. There is grime all over the kitchen floor. The grout that was once off white is now a da...
Cody Jensen
How Often Does Tenants Call You For Repairs/Issues ?
Hi Everyone,I plan on closing on a duplex soon that has tenants already in it. It will be my first rental property. I've met the tenants and they seem nice and such. My questions is, how often does your tenants call y...
Matt Herring
Why can't this property cash flow?
This property isn't hitting the 2% rule but it is a little better than 1%. Purchase price $52K Rent $600.
Why can't I make this cash flow positive?
Purchase Price $50K
Closing costs $2K
Down payment $10K
Financed ...
Alex Staunton
Loan for a 6 Family Rental Property? 15 year at 5.25%?
Hi, I'm currently under contract to purchase my first rental property, a 6 family in Asbury Park, NJ and I'm trying to secure a loan. Although I've looked (and made lots of offers), I didn't realize that it was a wh...
Ryan Delauz
Running your own website
Does anyone run their own website and collect rent payments and maintenance requests on there? I am buying a 5 unit property and wanted to set up my own website and have tenants go on there to pay rent and submit any ...
Evan O'Brien
Monthly HOA expenses
If you were to purchase a property that has to abide by HOA regulations, such as a condo, what monthly expenses are included in HOA costs? Or are the monthly HOA expenses different for each HOA community?
Derek Luttrell
How much to keep in reserves for first property?
Hi All, I close on my first investment property in three weeks, and I'm wondering if it's common to inject a certain amount of reserves in the property's bank account right off the bat. Purchase price is $122,000 and ...
Adam Kuhn
First Duplex Deal Analysis
Looking to get any feedback on my first duplex deal. It is not a huge cash cow but property is in great condition and in an easy to rent area and hot market. Purchase - $259,900, 25% down (roughly $65,000), 4.375% ra...
Lyndsey Keller
Poll: Inspecting Your properties
Once you have a tenant in place:
How often do you do inspections?
Do you include inspection info in your lease agreement?
How do tenants handle an inspections?
What exactly do you look for?
...
Ryan Reddi
Typical reserves calculation
Newcomer in the investment world, I apologize if this question seems straightforward and may have already been addressed elsewhere in this forum.
I'm currently contemplating the purchase of a newly constructed proper...