I have a spreadsheet I've developed for my STR and have been using 20-28% for a management company to manage the cleaning, booking, and maintenance. However, after doing some reading here I am leaning on doing the bo...
We hired a property manager Dec-1-2016. They rented out our completely rehabbed property Jan-1 to a Sec 8 tenant. We have never used Sec 8 before and were not familiar with Sec 8 inspections or requirements, but decid...
Hi all,I want to share my experience with my first rental unit, which happen to be a Section 8 unit; hoping to share and learn more from everyone.I’m in MA and purchased this home out of state through Roofstock in Mon...
Hello all,
I normally do single fam, so I wanted a quick hand with numbers on a deal I'm considering.
Location and repairs aside, strictly by numbers, what do you guys make of this deal:
Single house, 3 fam:
- 2 be...
Currently looking at a multi-family property in the Central Jersey area.
They are asking for $425k for the property.
It has 4 units (2 bd/1 ba)
Each unit can rent out for a minimum of $1200/month.
PROBLEM: Asbest...
Well I want to take one more step and am interested in making a few offers on some local properties. I'm pretty sure they wont get accepted but I still need to get the experience obviously.
Do I need to write up my ...
Looking to purchase a condo purchased in the 70's- The seller would like a quick close and I'm looking for ways to facilitate that. Is an inspection necessary for a small, 500 sq. ft. condo?
Water seeps I’m from windows well. I’m fixing water issue from outside.
Can I use pressure treated 2x4 for base of the stud frame. You can see in the pic it’s rooted due to water.
Thank you
I’m in WA (in case that makes a difference)... question is... during this era of COVID eviction moratoriums... what recourse do I have w/ a tenant who bounces between being normal and hostile...
It’s a long story of ...
Let's say I buy a property for $150,0003.5% down puts me at $5250 for a down payment. How much additional should I be looking to save for a safety net for the property (vacancies, repairs, closing fees, ect). I will a...