Sean Wilt
Lower rent higher cleaning fee or higher rent lower cleaning fee?
Question. I'm thinking higher daily rent with a lower cleaning fee is best? Say $400/night as an example with $150 cleaning fee which would be the going rate in my area so cleaning fee would essentially be a pass th...
Thomas Chapin
Lesser of three evils
Any and all advice from the community appreciated. My family is entering a little lower level rent than we've had in past, a fully rehabbed $65,000 house to rent for $950. We are ready to get a house leased and have ...
Sunny D.
Umbrella insurance - on the fence
I am trying to figure out if i need further umbrella insurance. my insurance with nreig already has 1mm liability per property on coverage. I have 10 rental homes now. I got quotes from nreig for additional umbrella i...
Caleb Webster
Advice on how not to lose your shirt with owner-paid utilities
For rentals where the landlord pays all utilities, what strategies do you guys use to incentivize lower utility usage from your tenants and reduce your overall utility bill? I've heard of thermostats that you can rest...
Chris Wyatt
Difficult People
I found a good house for my first deal. The owner is elderly and his health going down hill so he's planning to move with family out of town. I made an offer and come to 60K all cash agreement. So I tell him I'd be th...
Tariq B.
Insurance Killing My Deal
Hey All,I have a 4 unit deal under contract. It's two duplexes on one lot. purchase price $219,000 taxes $2500 and net rents 2250 a month. It is what I feel is an OK deal. But what is really making this deal look sour...
Seth Rouch
Re-fi trouble Refinance in Kansas City MO
Hi Everyone,Last year I purchased a turnkey condo as a rental in Kansas City, Missouri. (I live in Colorado.) The BRRR @Brandon Turner talks about on pod casts ... well I'm having trouble with last 2 "RR". It's been...
Sammy Patel
To Flip or BRRRR????
Here is the deal, would like to know what others think:2 bedroom 2 bath condo bank owned.Listed at $201,000. Would like to offer $175,000. Estimates are $30,000 for rehab. Rents are $1600. HOA is $250/month. Taxes are...
Benjamin Blackburn
Possible condo investment... What should I ask?
Hello everyone,
I have been marketing for motivated sellers for the past 3 months with not a lot of luck. Things changed this afternoon when I received a call from an older individual looking to sell two of his cond...
Tabitha J.
How did you form your LLC? Lawyer? Legal Zoom? etc
Hello everyone. I would like to get an LLC started but I'm not sure where to start. I thought about legal zoom because they may be less expensive than a lawyer. How did you get your LLC started? Thank you!