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Hi All...new member here and this is my first post. My wife and I started up on Airbnb in December with a small (1100sf) 3BR home in Abingdon, VA and we’ve had 3 bookings so far. We have a queen in one bedroom (that’s...
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So I've built this excel document that does rough calculations of 2% test, Cap Rate and CoCROI and while I'm pulling most of the numbers from sources I can find (realizing they are not exact, but in the ballpark), the...
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Looking to do room rental as first investment. What do you guys have as layout? Majority of homes in canada has basements. Looking to to make a basement 100% bedrooms. What are your thoughts on that? Not having a c...
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Hey everyone,
what do you use in your rentals? Carpet which would need to be replaced each time? Or linoleum or pergo which would sustain several renters?
Thanks!
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Tenant who has been in the unit for about 2 months contacted me the other day about the in unit stacked dryer being broken. For reference, it's stacked, with the washer on the bottom and the gas dryer on top in a cus...
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Hey everybody, thanks for reading this! I'm 29, married, with a newborn, and planning on having another child by 2015. We're selling our house here in Florida in a few months and moving to Tennessee. I'm familiar with...
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A house was sitting on the market during this past long cold winter in the Midwest with no heat and utilities. I was told by the realtor that all the pipes broke as a result. Never lived in a place that snows in my wh...
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Is it a good idea to comp a tenant a small rental discount for minor inconveniences, or does it set a bad precedence?I rent out a garden apartment in my house that shares the laundry room with us. We upgraded our wash...
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After I rehab my projects, I want to get as much money as possible out when I refinance. Does anyone know specific companies that offer high LTV's? Should I go through regular banks? I'm looking for 90%.
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I'm just starting out as a wholesaler and have made just one offer to a couple different sellers. None have panned out. The sellers would just say they would think about it and never get back to me.I have read that ...