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I am looking at doing my first lease option.I own a small property management company. I manage 2 storage facilities and just over 110 rental units. I know that I have to abide by fair housing laws when it comes to th...
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Scenario: two people agree to a buy and hold partnership agreement on a multi family property. Both partners are going to put in the exact same amount of cash. However, one partner is hands on, lives in the area, and ...
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How do you price MTR stays, is it somewhere between STR stays and LTR rents? Also, what are typical expenses, also between STR and LTR? Need to know MTR cash flow profile so can make appropriate property offers. Thank...
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Hi guys i recently had a fire at a rental property and my policy covered actual loss of rent The adjuster pays me 80% of the maximum 12 months since its been 9 months investigating me and repairs will take longer than...
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Hello! Has anyone heard of charging a fee to the owner for assisting in a refinance? The fee would be for providing the lender with documents, collecting estoppel certificates from tenants, meeting and assisting the a...
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Hello, My tenant trashed my rental. I took pictures. Finding help was a challenge so my BF and I did most of the work (ex, patching walls, painting the downstairs, cleaning and hauling away garbage). Can I charge him ...
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What I have learned is this.
Note: I am still a rookie and only in the single digits for doors owned.
Big factors that quickly erase cashflow and that may put sizable monthly cashflow even into the negative:
Not b...
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Hi,We are closing on Friday on a property upstate that I would like to use as a vacation home and rent regularly through VRBO/Airbnb.I've read of the importance of keeping a separate bank account for our rental proper...
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Hello Everyone! I am currently a full time college student and have recently started to become very interested in real estate investing. When I have time, I work for my cousin on his properties. I have worked on a han...
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Hi all,I tried finding this scenario on the forum and couldn't find something similar. I am buying a rental property for my 22 year old daughter to start out after college. It is a 3 BR townhouse in a vacation area....