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Rent control policies have been a hot topic in recent years, with many cities and states already implementing their own versions. However, the proposal by President Joe Biden to implement nationwide rent control is a ...
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I know this topic has been discussed frequently in the forums, however I'm still finding a lack of solutions for a small/intermediate mixed portfolio. There seems to be a gap between the free solutions for handling a ...
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Hi, Newbie here. I have a quick question regarding "vacancy reserves". Im having a bit of a hard time wrapping my head around this, but I think its very simple and Im over thinking it. When calculating vacancy reserve...
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Hey guys,
I stumbled across this place while trying to find answers about a koi pond I have in a property. Let me explain my situation.
I currently own the home I live in in socal. Well, for personal reasons I am bu...
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I have a partner who I will be investing in my first flip with. How should we divide the profits if 1 partner is investing more than the other. For example If Im investing 20k and he's investing on 13k. How should we ...
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I was wondering if anyone has a good letter that introduces a new Property Manager while removing the previous one. I recently had to remove my PM from some of my properties and I am taking over the PM responsibiliti...
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My neighbor 2 doors down has a beautiful house furnished and lives out of state. Rumor on the block is she wants to rent for 1200. I am sure it will bring 1500. Should I contact her and talk her into letting me manage...
Hi everyone,
AirDNA is projecting $113k projected revenue, 84% occupancy, and a daily rate of $370. HOA $1120 a mo.
OPEX $31k, NOI $82k, CAP rate 25%.
I currently own & operate two STR‘S in SoCal USA, both fe...
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Hi all,I want to invest $200k into buying my own rental properties. I would like to take home $3k/month profit from this (e.g. after expenses). I would like to accomplish this all in ~1 year.How difficult on a scale o...
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Location - Spring, TX
Built in 1977, 3/2, approx 1500 sqft
Contract Price - $120k
Locked-in Mortgage Rate - 3.5%, 20% down (no points)
Total Monthly Rent - $1450
- Comes with Section 8 Tenant (Mom & 3 kids)
...