Bobby Valcin
New Appliances vs. Used Appliances In Rentals
I'm a property manager in Palm Beach County and I've grown increasingly frustrated with the costs associated with appliance repairs in recent months. This is causing me to reconsider only using used appliances in our ...
Amanda Berry
Decrease rent by $50 for 2 year lease?
We have a new family we have approved who appear to be excellent tenants. They have asked if we would be willing to decrease rent by $50 per month if they signed a 2 year lease. Is this worth it? This is our first lon...
Justin Eaton
Hiring a GC vs acting as GC for renovations
So far i have completed 8 flips, 5 of which are sold, 3 of which are currently listed for sale, and 1 new flip currently under renovation. For the first 8 houses, i ran the jobs as the general contractor during the re...
Caplan Abbey
Small Investors Lose Major Deal because Of Math Problem
Amazing how many deals get lost because of poor training, education, and simple Math . Most investors go into a deal worrying about the price and cap rate. Lets share an example here: These deal may still be available...
Darryl K
Costs and Revenue from Coin-Op Laundry
A few thoughts. How much should I expect to pay for a coin-op laundry machine (washer &/or dryer)? Is it okay to go with a used one?
What kind of revenue can I expect per machine? I realize this will depend o...
Karl Huther
How old is too old for rental investments?
I’m new to rental property investments. I see some in my area that look to be in decent shape but says the property was built in 1886. What would be reasons to shy away from a property like this? I’m up for the challe...
Robert P.
Pets in Massachusetts
I am purchasing a tenant occupied property. They all currently have pets. Is it legal to write in my rental agreement that no other pets are allowed to live there? (i.e. I want them to sign something stating how many ...
Kevin Roach
Can you borrow the down payment from one lender to then use to secure a mortgage with a second lender? And is that a good idea?
Looking to get into my first multi-family property (first of any type of property actually) and I don't have enough for a down payment. Would it be possible to borrow the 20-25% needed for the down from bank A and th...
Julie Cadman
How to find or create owner-financed deals in a seller's market?
I am looking to buy and hold in my area (Colorado). However, the area I am in is a big sellers market. My neighbor's house was listed at 3:30 yesterday, has had four offers and one or two were above asking price....
Reden Dionisio
Questions to ask when investing as a LP on a multi family
Understanding that each deal is uniquely different from another, but looking get some guidance on what the average ROI, CoC, cap rate would be?What are some questions to ask as an LP in the deal?