Joshua Fair
Balancing Profit
Current mortgage on house with taxes and insurance is $800.00 I can currently rent my house for $1,400.00.
How much of the $600.00 would you put towards expenses and how much would you take for profit. What f...
Lucas Taylor
Length of time to take care of maintenance request - Personally handling PM.
Tenant informed me of a maintenance request 1 week and 1 day go and the issue still hasn't been resolved. It has been a challenge getting someone out to the property; hasn't been from a lack of trying. Now someone say...
Ryan H.
Who is to pay for a technician house call - nothing to fix
Hi All,This past weekend I had a tenant in a single family house (in CA) report that the heater / furnace was not turning on. I had a technician come out to diagnose the furnace - the diagnosis was that there was no e...
Juliet Salceda
Is buying a condo or townhouse with HOA's fee worth it
Just looking on mls website and wondering if condos and townhouses that have HOA fees are they good investments
William Davidson
Picking The Right Property Management Software
Hi All,As we all know, technology always has a new wave that is always better than the last. I wanted to get everybody's take on what the best property management software is today. Currently, I have two rentals, with...
Tim Johnson
Maintenance call during property closing
Hello BP!Last week I purchased my first multi-family property, an 18 unit apartment building in Minnesota. At closing, the previous owner got a call that the heat was out. What I thought was going to be a simple fix...
Stephen Dickey
Making first offer today - thoughts/ suggestions!
Making my first offer this afternoon. Offer is for a duplex that is cash flowing 1300 per month. I am going to offer seller, who owns the property free and clear, to do seller financing, in a deal where I will pay him...
Colin L.
Fast growth cashflowing Boise SFH 1 of 2 (w Boise Turnkey)
Investment Info:
Single-family residence buy & hold investment in Boise.
Purchase price: $335,000
Cash invested: $83,750
Buying the same home today would cost $400-420k now - Boise is growing lik...
Darren R.
Asking the right questions
Hi,
I'm starting to email some agents with listings in my area for multi-family units.
I want to know what the gross revenues are, the NOI and what they are including in the expenses.
I'd like to know the cap rate,...
Travis Washington
Austin Area: Sell or Rent
Hey BP fam,
I’ll try to keep this short and simple. Have a primary home moving out of and analyzing whether to sell or rent. Stats:
-PITI: $1950
-Rent: $2750
-Current Loan Amount: $300K
-Current Value: $475K -$50...