David Shapiro
Frat House/Private Dorm/Boarding House
I’m looking for somebody that has experience renting a house of 10+ bedrooms on 1-year leases (or by semester). Essentially a privately owned dorm or fraternity/sorority house. I prefer to write my leases by the house...
Orlando Paz
Seeking wisdom for unbelievable mobile home offer
I have just come across an unbelievable opportunity for a mobile home purchase. The original ad asked for $500. When I called, it was offered at $1. The management is even willing to waive 3 (or more) months of lot re...
Mark Hall
Successes in home automation for rental units?
I currently manage 7 rental units and have been thinking about installing some home automation devices to better help manage the properties and receive alerts. Idea 1: we pay for heat in one of the buildings. I have...
Bryan Hancock
Do You Carry Your Properties At Historical Cost Or Mark Them To Market?
When you do your accounting for your PFS, business books, etc. do you carry the projects at historical cost or mark them to market? If you mark them to market how do you determine "true" market value without cheating...
Mike Neyman
Rent-to-Own Success?
I'm having a tough time finding end-buyers who can qualify for a mortgage right now, but many people I've talked to are 3-12 months away from qualifying if they get proper credit repair guidance.
For those of you tha...
Charlie McKenzie
The 2% Rule doesn't work 50% of the time
Ok I have acquired over 120 units of rental property and have used the following rules: 1) Purchase properties in areas that have a geographic Impediment to growth. 2) Don't purchase a property that you wouldn't be w...
Eddie Ziv
Got a Property Tax shocker!!! 18% & 40% Increase
I got my escrow account analysis recently but did pay too much attention, until I received a payment increase notice from my lenders. Both are SFR in Austin, TX area (Pflugerville and Round Rock.) The shocker? One prp...
Account Closed
We often talk about due diligence but what does it mean to you
Due diligence is an important part of real estate investing. I have invested in single family homes for years and have a good idea of what is involved.
What areas to you look st when in investing in a residential or...
Matt Robinson
What is FHA's 90 Day Anti-Flip Rule?
What is FHA's 90 Day Anti-Flip Rule?Question: What is FHA's 90 Day Anti-Flip Rule?For a number of years now, FHA has enforced a 90 day anti-flipping rule which prevents an investor from reselling a home to a buyer usi...
Simcha Davidman
Property Management on Midsize Multi-family Complexes
Hello all (and thanks in advance!),I'm looking for midsize apartment complexes (10-50) units, and I'm having some difficulty budgeting for property management expense. Here is my understanding:On sfr and small multi-f...