Josh Young
Why you need reserves
I see a lot of people analyzing deals and they do a nice job of assigning a certain percentage of monthly rent for different expenses, maybe 5% repairs/maintenance, 5% Cap Ex, 4% Vacancy, and 8-10% Property Management...
Randy Barnaby
To self manage or not...that is the question
With 10 properties, I believe I may be close to needing a property manager. That being said, after a review of the time spent self managing properties over the past year, self managing seems like the way to go. The c...
Holly Yankus
SFH Rental Property with Pool??
Hi there, New to this site and new to REI, so please let me know if this question should be posted in a different thread. I am looking at a home that has a pool. I have heard from a PM that it is not advised to go for...
Stephen Covel
Buy and Hold Investor - Looking for a cash flow positive property
New to the forum and site - I am a novice buy and hold investor, looking to find an initial cash flow positive property (and several more). Even with a 25% down payment (typical requirement for a mortgage company/bank...
Scott J.
Water Heaters
I took a plumbing class recently to be a more informed landlord. The teacher said that water heaters should be replaced at the end of their warranty (often 10 years) and not to wait until there is a problem to replace...
Jeremiah T.
Who to show and lease self storage units for OOS investor?
I know you can outsource much of the operations (online payments, answering phone, SEO) to management companies who specialize in self storage operations (https://www.storageunitsoftware.com/call-answering)...But how ...
Vikram C.
Need help - Apartment auction
Guys, I am happy to announce that Jon Klaus and I have partnered to bid on an apartment complex in Texas that is going to be auctioned. (one more relationship created by BP.)
Since this is our first apartment comple...
Scott Trench
No, You Don't Need a Property Manager if You House-Hack
I was thinking about this the other day, and I got a question from a user about using a property manager to manage my house-hacked duplex.It's my opinion that it would be quite silly to use a property manager as a hou...
Account Closed
How likely is it to find an investor to buy a condo if the annual ROI is about 7%?
How likely is it to find an investor to buy a condo if the annual ROI is about 7%? I own a Chicago condo with no mortgage. It is not in need of any repairs or maintenance. There is a long-term renter who has just sign...
Tom Harrison
Important contacts for landlords
Hi everyone,Very happy to be here. I'm a new landlord (by choice) havingjust bought a fourplex in Idaho. I apologize if this questions been asked before. If thats the case I'd be grateful for any helpful links.What ar...