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What are the biggest challenges people face when underwriting a deal? Is it to find and support your deal inputs (i.e. market data, lending terms, operating expense budget, etc.)? The nuts and bolts of putting togethe...
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Replacement reserves are funds that are set aside from a property’s operating cash flow to fund future capital expenditures. Normal wear n tear or repairs.How much should one set aside or budget for replacement reser...
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Does anyone know of a mass texting service out there? I’m wanting to sending my buyers text messages as well as emails.Thanks,Ben
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Hello everyone. I am currently looking over homes that can potentially become my first rental property when I began thinking about placing a tenant in the building. I thought to myself, "Should I have the home first a...
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Hi folks, hope that you're doing well. Kicking off a discussion to see if people have ideas of where to invest in 2024. Because of high interest rates (as well as soaring insurance premiums), I think cashflow is near ...
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Hello everyone! New member here! Just wanted to the seasoned investors about my situation.Currently renting out but hoping to buy a property either this year or early next year. Husband and I don’t have a property yet...
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Hi all, I had a quick question. So we just recently closed on a rental house and for cabinets, I'm thinking of buying a used set (pics attached) since we want to upgrade the current outdated kitchen cabinets from 30" ...
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HELP!!We closed on our first larger multi-family about 6 months ago. Since then we have corrected a bunch of deferred maintenance, started to update vacant units and are working on turning around the property. We have...
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Hi all! I would like to understand what general tax benefits exist if 100% of rental profits are reinvested into new properties.I own, through a LLC, a few rentals which are fully paid for, and am in the position to ...
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I'm going to view my first multi-family, a 6 unit apartment building on Monday. I'm trying to run numbers this weekend. What things, and/percentages should I consider for cap-ex. (I only have one rental property so...