Hello Everyone,I'm looking for an spreadsheet or some sort of tool where I can put in income and break down of expenses and it spills out an CAP rate. In short, something which will help me in due diligence whether to...
An agent came to me with a possible deal in Reading, PA , it is a full gut project. with parts of the house needing a rebuild so, a architect will be involved. It's going for 50k last purchased for 25k. Seller is moti...
Looking to invest in 2 condos in the New Braunfels, Texas area to be used as short term rentals. The property is majority investment properties making it non-warrantable. I’m looking to get quotes and optimized option...
Hi Everyone,
I was wondering how you handle getting the lawn mowed on your single family rentals. For my first 2 houses I have provided push mowers and have the tenants cut the grass. After thinking about this more,...
I currently home a home in Orlando, Florida that has two units on it. Currently the driveway is only for one of the units and the other unit has been using a parking spot across the street. That spot is no longer avai...
Hey :)
so the basic rule for a good REI is most of the time
100% finance w/ a cashflow of 100$ per unit
but what is wrong w/ buyin RE which is breakeven cashflow wise?
simple example:
-no downpayment
-100k credit a...
My tenants 1 year lease is up July 31. They want to resign for another year.What day are we supposed to meet up to sign the new 1 year contract?I wasn't sure if I'm supposed to wait until August 1st to sign it or what...
Hi all ,
I’d like some advice on my BRRRR strategy
Currently the properties that I’m BRRRR’ing , at the refinance stage give me back all of my investment and sometimes more than my investment.
However many of th...
I have a tenant who is in the national guard. He notified me that he will be deployed in April, but wants to maintain the apartment. I have not spoken to him - he gave me a note with the rent check - and he has not as...
Hi BP, I want to preface this post by saying I believe in total equality and I treat everyone fairly in all of my rentals. I have a situation in one of my rentals, where a sliding glass door was clearly broken by the ...