Mike Nelson
Rafter tail damage, leaking roof on REO
Has any of the rehabbers here dealt with rafter water damage? Looking at a foreclosed house that has a leaking roof and has been that way for about 2 years, the rafter tails in a few of the leaking spots look rotted,...
Brian L Dowler
My First Buy and Hold Investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $55,000
Cash invested: $5,000
My first starter buy and hold property. One bedroom rental. Had no idea what I was ...
Jerry Braun
Tanque Verde Casitas Vacation Rentals
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $400,000
Cash invested: $600,000
Value 2,600,000 currently based on 8% cap rate. Vacation Rentals 30,...
Sabrina Bell
Multiple Property Utility Management
Good afternoon,I manage quite a few multi-family properties in Chicago and keeping track of utility bills across all properties can be a hassle. While tenants pay their own electric and gas, keeping track of multiple ...
Peyton Zachrich
Zoning Variance for Self Storage - hard to get?
Hey everyone, I wanted to ask if anyone has experience applying for zoning variances for self storage? A partner and I own a warehouse in a small market that we're interested in converting to self storage, but it's in...
Account Closed
Analyzing my 1st deal, am I being too conservative?
First post! I am analyzing my first property in Louisville, KY. It is a triplex.Here are the numbers I am getting. It looks like CoC of just 4%, but am I missing something? The numbers are the “actuals” (per sellers...
Jeff Fisher
Analysis Duplex (First Investment
Hello,
I am looking to purchase my first owner occupied self managed duplex (2/2) in Western New York (North Buffalo). I wanted to get some feedback regarding my analysis of a property and the 50% rule due to high pr...
Keith Kennedy
1% Rule? 2% Rule? Help!
Are these two separate rules of thumb? Writers have opined on this forum before on this topic, but I remain confused. Rules are made to be broken, so how far do these rules extend? Assuming they are different rules, ...
Sierra Potts
[Calc Review] Help me analyze this deal
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Jeremy Lo
Am I being hussled?
Hello everyone,
I have a particular issue with my Property Management Company.
My rental property needed plumbing work done. My property managers told me the repair would not be covered under warranty without even t...