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Hi all! I just bought my first property and have gotten lots of responses from various online sites like zillow and craigslist. What I am wondering is if anybody has ever dealt with people working a scam on their ad...
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Dear Abby (a licensed Alabama RE agent/broker, RE attorney, experienced property manager - sorry, no offense to anyone else, but I need just the facts from this post, not guesses.)First, the law as it is written:Secti...
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When projecting your returns to present to investors, do you use the NOI before or after Cap Ex reserves and asset management fees? Specifically the sales price.Thanks,
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My wife and I have been able to do complete rehabs for under 12k per door. The key to our success is to not view the property as our own home . We do not go above and beyond and keep expenses to the minimum. We buy e...
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First my back store. I have owned & managed rentals for 15 years. I've gone through nasty evictions & lots of different tenant issues over the years. I've never had this situation arise so I'm hoping for guida...
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I recently found a retiring gentleman trying to sell three 1\1 units in the same complex. The numbers work (in my initial research) so that the Cash on Cash Return on Investment is 11%. My questions is about the HOA f...
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Thanks to the helpfull and creative mind of Bill Gulley I was turned on to the idea of helping a homeowner sell his/her home by offering to come in and make repairs and renovations to increase the value in turn b...
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So I've had the same tenant for 2.5 years and he's currently 6 months into a 2 year lease. He's always been a great tenant and never had any major requests and I've been pretty quick to get everything fixed that has ...
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I know there are a couple of threads on the cost of furnishing a STR and they do appear to vary greatly (size, market, target audience etc.) and I'd still love to hear about cost but some of my other questions for the...