Attention skeptical wannabe landlords who think there is NO WAY rental property expenses run 40-50% of income, or that rent minus PITI = cashflow. This post is for you:I always dread the first few hot days of summer....
I have 18 windows to replace in the next few days. To keep my interest up and to keep myself accountable, I'm starting this thread. I am a self-managing DIY landlord specializing in 70-100 year old SFR properties in m...
After reading Mr. Money Mustache for several days know that and The Richest Man in Babylon have got me thinking. If I could cut out my car payment I could save/invest a decent amount of money.
There aren't enough renters to build demand so prices are dropping. They're dropping so low that Landlords are choosing to keep the units vacant rather than fill them at reduced prices. In August, they warehoused over...
Everything has gone wrong all at once. I have 13 doors- which you would think would be able to handle about any issues that popped up, but the issues have happened too fast. I had insurance require roofs to be done- s...
MODERATOR: LET ME TRY AGAIN. IF YOUR POST HERE IS ANY SORT OF AD, NO MATTER HOW SUBTLE, IT WILL BE REMOVED!
MODERATOR: PLEASE POST PICTURES ONLY OF HOUSES YOU'VE PURCHASED INTENDING TO HOLD. DO NOT POST P...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Day in the life- Constructing a New Facility location
23 June 2020, 08:39 We are starting our 8th and final storage location. I will try to give an update as we go through construction. Although this will be instruct...
Real estate is harder than it's been in more than a decade -- we all know this. High prices + high mortgage rates + low inventory is making this a challenge. So my question is -- in an era where you can get a 5% CoCR...
No. It might for a short time, but oil has fallen from $115 to $49, companies are already cutting back on projected production spending. They will cut back more unless oil suddenly rallies. In four of these states,...