Dan D.
Tell us about your expenses
I have a single family rental right now.Vacancy adjusted, I bring in $21,000 a year in rent.My annual expenses are:Property tax: $3200Insurance $900Washing machine $500Plumbing repair $250Irrigation turn on and turn o...
Kenneth Sok
Painted popcorn ceiling? Keep or remove in a rental.
Just closed on my 3rd rental. This beauty was built in 1977.I learned today how much "fun" there was in trying to peel off painted popcorn ceiling. It definitely doesn't want to come off easy. I've already taken out a...
Hubert Washington
Has The Apartment Market Reached The Peak of It's Cycle?
My goal is to purchase my first apartment building before the end of 2016 and I have been studying, reading, and listening to everything I can get my hands on. Recently I have come across information from a few differ...
Michael Noto
3-Family Plainville, CT BRRRR Project
Here are the basic details of the project:Closed on the deal on December 18th of last yearLocation: Plainville, ConnecticutPurchase price: $120,000.00Rehab amount: $22,000ARV: $210,000Property type: 3-familyTaxes: $38...
T Brown
Agent steering us away from short sales, foreclosures, etc
We are just starting out in our buy and hold strategy, and I specifically told my agent that we want to spend around 40k, and are interested in short sales, foreclosures, etc. She showed up for our first meeting with...
Brett Riemensnider
Remodeling My First Unit On First Investment Property!
Looking for some insight on a few things before starting construction on my first rental property! Area is not a high end area by any means, all units don’t have laundry as well as no centralized air. Trying to add v...
Elias Barend Westhof
Remodel for $1m worth it? Please help!
So a year ago me, my wife and her parents purchased a 4-plex in Los Angeles. We payed $1.35m for it. They now want to remodel it for $1m, in order to get $3000 a month from each unit. I, however, think we should rathe...
Ken P.
18 apartments with units titled as condos
I am a SF investor looking for the first time at multi-family. The property in question is a block of 18 1BR condominiums currently being operated as apartments. They are part of a tranche of ~40 condominiums that t...
Gabe C.
Pimp my kitchen?
I just closed on a place today (4/3/1), and we've shown it to a few prospective tenants, who are interested, but think the kitchen is dumpy and want either a rent reduction or a facelift for our asking price ($1500). ...
Patrick C.
ALE Solutions - Temporary Housing
I searched the forum and haven't found much.I got a call from ALE Solutions to rent out my house for a displaced family who had water damage to their house for 3 months, 800 above the rent I am asking for. They have ...