Hi, This is my first post. Been a passive member for a while. I have 7 units, 4 buildings in Milwaukee managed by a reputed Property Management company. These are some of the repairs charges they have charged me over...
Folks - I am running some numbers on listings and have the following question regarding cash flow versus cash on cash. Brandon advises a rule of thumb of $150/unit. I have also seen him advocate something greater than...
Hi all,
I'm looking to add my third SFR to my portfolio. I'm looking for some help in my analysis to make sure it's a good deal:
Asking price: $85,000 (paying cash - may refi later to buy more properties)
Taxes (201...
I'm "house-hacking" a duplex. I allowed the upstairs tenant to have a dog. It's in the lease. She pays modest pet fee per month. Over the last several months, the tenant has been letting the dog poop all over the yard...
I thought I’d give a try at being an out of state investor.I purchased two duplexes in Davenport, Ia this year, One in January and one in April. Both of these properties are STILL vacant. I’m on my second property ma...
Hello everyone! I'm considering pursuing rental arbitrage in Irvington, New Jersey, and I'm curious if this is a viable strategy. Has anyone had experience with midterm rentals in Irvington? Also, does this market typ...
I've been having issues with my property manager in Wichita, KS. I'm wondering if someone out there may have know of a property management company or person in the Wichita, KS area they like or can refer.
This is an issue I have not yet seen discussed on this site. How do you present yourself to your tenants? I currently drive a 2009 Infiniti G37s coupe. I do not state this in any way to impress, I merely state it to b...
My family owns two houses in Brown Springs, Birmingham, AL. They were passed down in the family so no mortgage. Over the years it has been hard to find honest and reliable assistance managing the properties. Any sugge...
New investor here!We had to replace our refrigerator in our rental, due to the old one breaking. Is this a Capital expenditure or an operating expense?I'm also wondering what the advantages are of classifying one as a...