Irina Badal
Deal analysis and CoC
Hi all. I’m totally new to REI, learning some specifics including deal analysis.
I would appreciate if experts here could review and advise whether it’s a good deal based on the numbers I plugged in for CoC. Seems l...
Calvin Rappard
Violation of HOA rules: Pass fine to tenant?
Rookie question, hope someone can help. I received a letter from the HOA about a violation of the rules - there is an oil spill in the property driveway. I got a $75 fine and need to clean up within 2 weeks. Is it leg...
Jason Mak
How do you handle price matching of buyers?
When you have multiple buyers, how do you handle a buyer who matches the highest buyer's price (or beats it by a little bit)? For example: buyer A offers $90k, buyer B offers $100k. Buyer A immediately offers $102k....
Henry Clark
Self Storage- Marketing- 2024 review
Taking a break from working on our 2024 bookkeeping and taxes. All of our self-storage run at basically 100% occupancy except for our most recent addition. Was just going over with my wife both the increase in Occup...
N/A N/A
50% / Itemize
Operating Expenses seem to be a big shade of gray for investors. Especially for a newbie like myself who has never run an investment property. Do the vets recommend itemizing expenses when running a cash flow statem...
Collin Hays
"Buy only in top tourist areas" and other b.s.
Guys and gals, sometimes I get a belly full of hearing the same old conventional wisdom over and over. Today I'm going to tackle this one: "Buy only in the top tourist areas." Are we more worried about investing s...
David Yuhaz
tenants always late--do we renew lease or not
One of our rental properties is free and clear, and the tenants have been in the home approximately 3 years. This property is being taken care of through a property management company. This past year, the tenants ha...
Danny Lyu
My 2 Options: Personal vs Commercial Loan
Hi All,
First-time poster here. I’m currently in the pre-approval process to purchase a 2-4 unit multi-family property. I’ve approached a local bank in Upstate New York offering a 30-year loan with a 10% down payment...
Kirsten Braddock
Looking for advice on our first house flip
My husband and I are looking to purchase our first flip property. Im looking to get advice on the numbers to get some insight from more experienced investors.Here is the breakdown:SFH: 3/1, 1177sfAcquisition: $80kReno...
Sylvia B.
Negotiating a purchase - stick to our guns?
We're looking at purchasing a SF home for rental. We found one that is practically turnkey - it could be ready to rent in 2-3 weeks at most. We estimate $500-1000 for improvements/repairs because it needs very litt...