Tom Lafferty
Just bought a 78 unit disaster...
We just purchased a 78 unit property in the DFW area that had horrible management, tons of deferred maintenance, and 25 vacant units..... hope I don't regret it! Thought it might be interesting to those looking at mu...
Thomas Cotton
BRRRR Calculator Broken?
When using the BRRRR calculator it always assumes you are getting income from the property from the day of acquisition. There needs to be an option when filling out the income section of how many days into the project...
Justin Pumpr
Max Number of Occupants - California (Alameda County)
Does anybody know what the max number of occupants per bedroom is in Alameda County, California?I've read that the 2+1 rule is unwritten law, but it seems like that's not a hard law anywhere.I have a 3 bedroom 1 bathr...
Matthew Trotter
What to do when the market is high.
I think most would agree that home prices around the USA are either average or high. I like buying when sellers really need a buyer. Recently, it's been a hot market in Atlanta.So, where are the pain points right now?...
Dawn Wilkins
Companies that handle Landlord Insurance for Student Housing
Have a SF rental in Pittsburgh area. Looking to convert to student housing ie all undergrad. Apparently this is a niche market. At this point, looking for anyone to give me coverage. Extra glitch: House is jointly ow...
Carlos Toussaint
2 for 1 package deal in Ft. Lauderdale
Hey Guys, I have Awesome Package deal for any Buy&Hold buyers in Ft. Lauderdale
The 1st property is a SFH home that's currently rented on a Month to Month Lease. It's an 2/1 872sqft, $
$1400/mo and Tenants pay al...
Ty Monroe
What to do before the First
What should I have in order (financially) before starting REI? I have just hit my 10k in savings milestone. (I am 20 years old). I believe I want to get into FHA house hacking, to build income instead of renting out a...
Chris Collins
Are these management fees reasonable? (Indianapolis)
Looking at property management in Indianapolis, management company is directly associated with a turnkey company.Avg purchase price $120kAvg rent: $1,200/moFees are as follows:Property management fee 8% of income coll...
Harman N.
What happens if house prices go down after HELOC appraisal?
Hi all,Let's say you get an appraisal and open a HELOC, and some time later house prices in your market come down. What happens if:1) You've already taken a draw from the line of credit2) You haven't drawn on itI'm gu...
Andrew Spencer
Exit strategy
I'm interested to know what exit strategies can be used in a seller financed /lease options deal?