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I have owned 2 duplexes for 4 years. I thought I had done my research...read guru type books. I didn't come across sites like this until a couple years ago. Neither property meets the 2% rule. They have positive cash ...
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So we finally found tenants that have good income, great credit, no eviction or criminal records, and plenty of money in savings. But for some reason now they don't want to pay a month and half security deposit, they ...
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So I recently purchased my first investor property (single family home) which was really exciting, we got it rented quickly and the numbers are all where we want. When we had been talking to the bank originally they m...
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Hello BP!
I'm interested in hearing your thoughts on what qualities and skills make a property manager truly stand out. Whether you're an experienced investor or just starting, having a reliable and efficient propert...
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Hi DC area investorsI have a house in Falls Church I've been renting out for almost 7 years. It's time to let it go as I'm concentrating more on hard money lending and apartments.I live in Austin, TX. We have a brok...
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My 6 remaining siblings and are inheriting a small amount of cash and a 2 bedroom 1 bath SFR from another sister who died last fall. I am thinking about partnering with one sister and using our cash inheritances to bu...
We have tenants that have signed a four-year lease. They've been somewhat high maintenance so far, with 1-2 maintenance requests every month since they moved in three months ago, but so far they have been reasonable ...
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All,
First post for me but from what I have read thus far, this forum is great.
I live and work in Massachusetts in the Financial Service industry and have amounted a small (>100k) in cash over the last couple of ...
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Hi everyone. We have been using Cozy for our rental properties in regards to rent collection. Initially, their system was great and would not allow a Tenant to make partial payments; it would only allow a Tenant to pa...
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Considering that DSCR = NOI / Debt Service and NOI = Gross income less operating expensesWhen institutions are looking at operating expenses for a new purchase, how are they calculated? For example, if we know the g...