Don Konipol
Positioning Between LTR and STR
So, the medium term 30 - 90 days rental, usually described as for “traveling nurses” or ”educators sabbaticals” fits the criteria of something different, or at least a different rental positioning than a LTR or STR. ...
Franc B.
Washer dryer hookup issue in rental
Hi BPs,We have a rental in Georgia that has a washer dryer hookup. Unfortunately the placement of a water heater in close proximity to the water and vent hook ups is preventing the tenant from fitting a washer and dry...
Amar P.
Startup cost for 2 bedroom STR condo
Hey allWanted to get some advice on startup costs and cash flow breakdown for 2-bedroom STR condos in the midwest demographic where most of your cash flow comes in the warm months. Specifically, we are in traverse ci...
Peter Giokas
First time investor
I’m planning to buy my first investment property in New Jersey. I’m not sure how big to start. Should I go for a two unit property? Or save a little longer for a 4-8 unit property? How much should I have on the side a...
Justin Bullock
How To Manage & Mitigate Home Repairs For Investment Properties
“How To Manage & Mitigate Home Repairs For Investment Properties” by By Justin M. Bullock, Real Estate Developer, Investor, & Realtor®It is all too common where I see investors getting hit with additional expe...
Ali Hashemi
Estimating New Construction - Small Apartments
Hi, I'm in the process of closing on my second deal. I have an 8-unit apartment and soon 4 duplexes. Both are Class C properties. Because I require lending I struggle to make the numbers work on Class A properties (ho...
Chris Pelletier
I think I found a winner!!
We found a 2 family property asking 115K. We will offer 85K and keep out fingers crossed he accepts. We have spoken to a contractor, for rehab. His estimate is 70K, that includes turning it into a 3 family and add...
Bab Adetiba
24 unit apt complex Class C
16 (2/2) and 8 (1/1) units. I'm very familiar with the areaFrom P and LGross income: $145,000Gross expense: $53,000NOI: $92,000Asking $1,000,000Weird expenses are $0 for landscaping and $90 monthly for electric. That ...
James W.
tenant keeps complaining about dishwasher...
I have a tenant that complained about a dishwasher being not the best, so I had it replaced.Now they are complaining that the new one doesn't work properly, i.e. the soap isn't dissolving. Received a letter from them ...
Jon Quigley
First deal done!
Just finished my first deal all the way through to lease!! Purchased a turn key a few weeks back and leased yesterday to awesome tenants for $400/mo net cash flow (SFH). Feels great to have gone through the process...