So we are not exactly newbies but not veterans either - we have 3 rentals and 2 flips right now. We attend an REIA where another member has inquired about renting properties from us - he would sign a lease, pay market...
Does anyone use a coin laundry service for a Multi-family property in Memphis, TN? We are currently using a company and have been extremely disappointed with the service. We can never get them to come fix their mach...
Besides the promise of the full deposit returned for a well cared for rental, what other incentives do you provide to the tenant to encourage great upkeep of the property? Besides obviously screening great tenants, do...
Hello BP, I want to get feedback on whether what I’m thinking could actually happen and it still be a successful first deal. I have the opportunity to buy my neighbor’s house. My grandfather is actually renting it fr...
What are the pros and cons to STR condos? Should investors generally shy away from condos doing STR method? I personally feel they would be less desirable but I don’t know if that is my personal bias getting in the wa...
Hi all,
New to real estate investing, looking to invest in a small MFH in Chicago in the next few months. I'm trying to get my numbers together and have a question about reserves.
I've seen the recommendation for X...
I notice when I read books on rental properties that they suggest putting aside a percentage of rental income for vacancy. What is the purpose of doing this? - Thank you.
I had great renters until they decided to buy another house and we put the rental up for sale. The last 60 days while we have had it for sale and they were waiting to close on their house, they have become a nightmare...
Hi everyone!I am just getting started in real estate. I found some great forum posts on running numbers for residential and have had trouble finding anything for commercial properties. Do you have recommendations or t...