Justin Sloan
Insurance Coverage - Know Your Perils!
Make sure when you buy an insurance policy for your investment property (especially "flip" properties) you are asking for "special" perils. Peril - A specific risk or cause of loss covered by an insurance policy, such...
Kathleen Park
Tenants Want to Move in with Their Own Appliances
Hello, I have new tenants who are moving in in a week. They like to move in with their own appliances including a range, washer, dryer, etc even though the unit has them. Has any had that experience? Do you usually al...
Leland S.
How to account for flip gross profit
Hi Folks, I have a master spreadsheet with all my costs for a flip. I'm confused though as to how to calculate my gross profit. I have considered any and every expense associated with the project, including credit car...
Gregory Hatcher
Why are mentors hard to find and sketchy about teaching?
I live in Baltimore Maryland . I'm new to this and I've checked with some local REIA for mentors and guidance. Some want me to come out my pocket , while others don't answer the phone unless I enroll in their expensiv...
Ryan Cash
Should I refinance or not? (With numbers)
My question is, should I refinance and get as much money out as I can, or not?Specifics:Duplex, bought/rehabbed for $210K ($60K of our own money) We owe roughly $150K.ARV: $265KInterest rate on current loan: 4.875%Cur...
Uwe S.
New Cleveland propertie ...
Hey,
I have found a new investment propertie in Cleveland with owner financing (10% down and 7.5% interest). Here the data:
Purchase Price $54,750.00
Total Annual Income $34,200.00
Total Annual...
Alfath Ahmed
What would you do if your section 8 tenant broke windows?
I have 1 section 8 tenant that I inherited when purchasing my 4-unit property back in August. She is a lousy 25-year old girl who has her boyfriend over almost every single day. Last week, they got into an argument an...
Eric Liu
Example property with greater than 10% cash on cash ROI
My first message. And quick question I hope.
I just finished your book "The Book on Rental Property Investing: How to Create Wealth and Passive Income Through Smart Buy & Hold Real Estate Investing," and am takin...
Bruce Archer
Rental window covering?
Is it customary to provide window coverings in a rental? Are they mandatory or a deal breaker in attracting good tenants. I have struggled with this question as they are not cheap, easily damaged or just disappear.Wha...
Esther Thomas
1031 -> primary residence?
Hi Everyone,
I have a former primary residence that I'm renting out and I can no longer qualify for the capital gains tax break if I sell it (have been renting it out for 3+ years).
My question is if I do...