Michael Wentzel
Giving back to tenants?
Last year we tried something new. In early December, we sent both our tenants (we only had two units at the time) a Christmas card saying thank you and enclosing a $50 gift card. We did it mainly to say thank-you t...
Jennifer Pletcher
inherited lease questions
Okay - now that I have the information I need and have to keep this lease, I have two parts of the lease that are really confusing me tonight. The wording mostly.1) Tenant expressly waives to Lessor the benefit of Ac...
Kathy Evert
How to Invest our money to help a buyer flip home
We are new to real estate investing with 1 property. We have an aquaintance who buys and flips homes. They had a hard money lender who made a commitment using 401K's and due to changes in their employment they no lo...
Sunil Sehra
Easiest Conventional lender to work with
Good Morning All,
Has anyone had really good experiences with conventional lenders. I realize that the lending environment is in a flux but I am having a difficulty finding a lender that is flexible. For example, w...
Wendy Vaidic
What Triggers Self-Employment Tax on Short-Term Rentals
I've read conflicting information about what triggers you to have to pay self-employment tax on your short-term rentals.There seems to be a consensus that the following does:Airport TransportationProviding cooked meal...
Aaron Macken
Rehabbing a property without an eye for design
Hey everyone,I'm looking to get my first rental property under my belt this upcoming year. I've been doing a lot of research about the whole process, but something nobody talks about is the design choices you go with ...
Tyler D.
Actual Rental Expenses
Hey BP,
I'm a newer investor looking to scale up, and something that seems to be throwing off my calculations are expenses that don't seem to match reality. Currently, I use the following numbers:
1) 10% Vacancy
2)...
William Bratrud
Wildomar, CA fix & flip
Investment Info:
Mobile home fix & flip investment in Wildomar.
Purchase price: $118,500
Cash invested: $48,000
Sale price: $242,000
We purchased a 1980 2bd/2ba 1152 s.f mobile home through l...
Lauren Ruppert
Contractor using undocumented workers...damages property...
I'm going to cut to the chase: a so-called "contractor" had his employees do some work in one of my rental units. The worker poured grout/mortar water into the tub. Needless to say, two weeks later when the tenants m...
Account Closed
Real Estate Portfolio Benchmarks
Curious to hear how everyone evaluates their portfolio as a whole. What metrics do you use to compare your holdings (or single holding) to the S&P 500/Vanguard Index Fund?