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I have been doing this LL thing for 6 years now. My average annual vacancy rate for my business is around 7%. That is taking all the occupied weeks and dividing by all of the available weeks (X100).
I usually have ...
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How do you tell if a price on a job is too high or not? When you start out, you bid the work out and get several estimates. But after a while, you have to stop doing that because the contractors will stop coming aro...
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Has anyone used their 401K to buy a rental and receive tax free income ? If so, how does one go about doing so? Would I be able to make repairs out of pocket or does everything have to be from the 401K?
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I'm curious what you guys would do in our situation. We have an AirBnb renter for a STR who hosted a gathering at our house. We explicitly told him no parties or gatherings of any kind. We found 300 beer cans in 8 gar...
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I purchased a list of motivated sellers leads. I have all the information I need to know about the houses for sale including the sellers motivation for selling their houses. If I was to call the sellers up to strike u...
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I wish to assume the loan on a rental property I inherited. The trustee says the trust can't be closed because the loan is still under the name of the trust. The bank (wells fargo) is refusing to do this.
A retired a...
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I recently saw a SFR and a duplex for sale. Both had similar asking prices with similar gross rents. I was a little confused, however, when trying to analyze both deals, as the SFR seemed to be significantly better ...
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Hi everyone, I’m a rookie here from Northwest Florida, and I’m not sure if this is the right forum for my post, so please let me know if I should move it elsewhere. Here’s a quick summary: I’m retired but finding myse...
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I have been marketing less than a year to absentee owners.This past week’s mailing resulted in a few leads that are holding 5-20 other properties than the one I landed on with my list.I have had a great response ra...
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I'm new to this forum, but hope to add value since my area of expertise (credit repair) benefits real estate investors and seems to be neglected in this community.
On October 23rd, the Federal...