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Quick question for my apartment owners. How much money do you set aside for maintenance? For single family houses I usually plan on keeping 10% of the purchase price. For example $100,000 keep a maintenance fund aroun...
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Hi guys,We own a couple of smaller properties (up to 32 units) that don't need on-site staffing but started to underwrite more significant assets.We wonder what the minimum property size that would require staff on pa...
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Property: 2018 build 4 BR - 2 bath - 1300 sq ft - 4000 sq ft lot.
Location: Houston, Texas. South of the 610 loop.
Listing status: 36 days on market, marked down from 179k to 175k last week.
CMA: Best match was an ...
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I could use some advice on community parking issues in a shopping center. I recently purchased a commercial property which is a car wash located in a busy Shopping Center in St Marys Georgia. I was contacted buy anoth...
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Hey everyone! I am under contract for a NNN with a government entity in Houston TX. It has an 8.5% cap rate and they just signed a 5 year lease. I am having the oddest experience. The tenants have not held up their ...
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I am new to RE Investing and do not own any current rental properties, but it's an area of interest. I'd like to build up passive income. A few questions I have in evaluating the profitability of rental property:
1...
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I have been knocking this around in my head and wanted to open it up for discussion.
Goal: Create long term passive income
Timeline: Approx 50 years
Proposed Method: Earth Sheltered Multi-family Units
Question...
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Howdy Fellow Landlords!In June I purchased my first multi-unit, a 5 unit 1900's carriage house converted to 3x 3BRs and 2x 1BRs. I'm starting to get a little frustrated due to not having a proper maintenance and repai...
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Which would you rather own? I currently own a 42 portfolio between two multi-family buildings in Dallas, Tx. I am looking to scale to 300+ units within the next three years. One question I have is should I concentrate...
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Hi BP!I seem to have a problem. A condo I purchased 6 weeks ago, seems to have water damage and black mold. I am hoping to get the following out from this thread:1. People sharing their similar experiences when living...