Imran Raz
Deal in small < 1900 population town
I came across a deal in a very small (tiny) town. Population is about 1800 people and trend seems to be downward from past couple of years. It is a multifamily building with all 12 units rented out. The seller owns th...
Bob Ville
House taking longer than expected to paint, and a few other issue
Hello, I am from Ohio. We bought a older bigger home. And we had to do the whole thing where we had to get a contractor for our exterior paint was chipping. Anyways we were suppose to close in August last year and we ...
Chris Rhodes
Securing Credit for New Properties
Hello All,
I'm a newb here so please take it easy on me. I'll give you a little background and get to my point.
First of all, I live in WV, probably the most conservative bank lending state in the country, a good r...
Heather U.
the opposite end of "starting out"
I see lots of discussion and help around getting started but I'm curious to know about everyone's end game plans. I keep reading about getting started by using the BRRRRRRRR (how many R's?? hee hee) Method but for ...
Michael McIntosh
Legal Setup with LLCs
I have only one rental at this point, but was advised it might be ideal to setup one LLC for the actual real estate company in addition to an LLC for each property. I believe the reason was to protect ourselves in cas...
Sarah D.
Cost Segregation For Appliances, etc
Can anyone confirm if I am correct in my thinking? We finished rehab of a 4 unit property and put it into service in 1/2017. I would like to separate depreciation for the following items that were part of our rehab ...
Ronnie Sparrow
Security deposit
Where do you put the tenants deposit? Is it OK to keep in the business account or does it have to be placed in a separate account from the business? Example: we have a business account at Chase with a checking and two...
Allen Berrebbi
Cap rates with new Interest rates
How has your strategy changed regarding cap rates with much higher interest rates, if it has?
Matt Everling
HELP! My tenant caused $16,000 of damage!
Seeking solid advice. I bought a SFR 1.5 years ago and did a full rehab that cost me $22k. My first Section 8 tenant moved into it, stopped paying rent 6 months ago and has total trashed it. I finally got them out and...
Conrad Legé
STR in South Florida/Miami market
Hello,I am looking for new STR opportunities in different markets this year. Miami is one I am particularly interested in. For those who operate in this market what has been your experience so far? What properties do ...