Rick Pozos
How much to spend on furnishing short term rental?
I am renting a home that I am renting on AirBnB. I am wondering what you spend on furnishings for a nicer 3/2 about 2200sf. I have to buy a refrigerator, 2 living areas, 2 dining areas, 3 bedroom sets, 3 TVs, dishes, ...
Jordan Moorhead
Rent Increase Letter Minnesota
Anyone know how long before a lease is up we need to send a rent increase letter?
Wesley Pittman
Killer Cash Flow Student Rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $170,000
Cash invested: $190,000
BRRR'd a dilapidated home into a college rental. Converted it from a 4 bed / 2 bat...
Don Konipol
100 houses in Detroit
A good friend of mine purchased 100 houses in Detroit for $300,000 about 9 years ago. Here’s how it turned out1. Sold 12 of the houses for about $270,000, some cash, some owner financing. 2. Still renting out 26 hou...
Account Closed
Adding gas dryer line. Should I have to pay?
I just had new tenants move in to a unit. The unit has washer and dryer hook ups. The tenants brought their washer and dryer in and realized the hook ups are for an electric dryer and they have a gas one.
It costs...
Arnie Guida
So Where's The Money In Restaurants?
I've been frequenting two local family owned restaurants for years...and I can't see how they stay open. These are both inexpensive restaurants. They have their peak times, but I'd say 90% of the time they're less tha...
Kevin Zwieg
Advice on valuation of daycare: business + property. Anyone?
Looking for some advice on valuation of an existing day care. My wife and I are looking at purchasing an existing business + property in the area. We are early in the process as we have not had an opportunity to comb ...
Shiloh Lundahl
Building a Personal Relationship with Tenants - Good or Bad?
I hear a lot on the podcasts and have read on the forums that many property owners pretend that they are not the owners of the property when they meet a tenant or potential tenant. Instead, they lead that person to b...
Ben Leybovich
Appliances for 98 Units
Hey, guys!So I am having a bit of an issue with appliances. @Sam Grooms and I closed on a 98-unit a couple of weeks back (there's a 10-page thread about it here). We are looking at a $1.4M rehab, and so far the biddi...
Chris Hamrick
Advice Buying A Auto Repair Shop
Hi everyone,Does anyone have experience buying existing businesses? What are some things I should look for? Here are my concerns:- Providing false records of income. The thing about this business I can look in their p...