I’m new to Realestate business. After reading several books about rental properties I got motivated to buy my first rental property. It looks like the reality is more challenging than the books. I’ve been searching an...
So I have 6 months of expenses set aside in reserves. Is this an acceptable amount to then increase my cashflow a bit and decrease the amount going into reserves? When below 6 months reserves, I do 10% maintenance, 8-...
I'm currently making around 100k annually at my W2 job after tax. I can't currently do short or midterm rentals with my current job but I would be open to it in the future when I have more properties. I have been lean...
Do rental rates usually fall when interest rates increase and home values decrease?
Here we go again:https://caanet.org/votervoice/
A new legislative proposal in response to COVID-19 would force every rental property owner in California to reduce rents by 25%.
AB 828 by Assemblyman Phil Ting igno...
Official unemployment figures for the Austin economy were updated today. Numbers for June have been finalized and preliminary figures for July have now been made available.
June
The unemployment rate fell to 7.3% in...
I am trying to analyze deals for multi-family properties in my area. I have read and heard that cash on cash return on investment is an important number to look at, and that the cash on cash percentage should be close...
Just curious on how other people are evaluating multifamily units. I look at expenses to be less than 50% of income (NOI). My goal is a minimum of $250.00 per unit. Example an 8-unit will generate a minimum of $200...
I am an experienced Property Management professional with 16 years in the industry. I held positions as a Community Manager & Apartment Manager, with a diverse range of properties. My unique customer service skill...
Single-family Rentals Drive all 2021 Rent Increases
to the surprise of many, the general rise in rental home prices is not actually reflective of the entire market. This year's overall rent increases are coming solel...