Anna L.
HOA for rental property
Trying to purchase 2B/2B apartment ($45,000 with cash) and the area rent-to-price ratio is favorable.It can generate $300 cash flow per month after calculating all expenses( HOA: $170 per month, vacancy 8%, management...
Jeremy Torres
HELP! TENANT DAMAGE
I drove by my property and noticed through the front window the blinds are damaged. You can see the blinds are torn through the window . What should I do?
Paul Lee
Haven't owned investment for 366 days and prospective tenant wants an option to buy
HELP all advance 1031 professionals and CPAs. I have two CPA's with 2 opinions and now I want the communities opinion. So I listed an AZ property I bought as a 1031 replacement and closed on 6-30-22 for rent @ $6000 f...
Kab Blackmon
How many units does it take to replace 135k annual salary job
Looking for some serious guidance. I have never considered real estate investing until a family member got into real estate. I have the real estate BUG now !!! I am not starting from scratch but can't help but wonder ...
Benjamin Blackburn
How much % of rent goes towards expenses?
Hello everyone,I feel like I should've been able to find the answer to this question by looking through the forums but for some reason I cannot find it. So forgive me if it was right under my nose. So, when calculati...
Peter Amico
14 Unit Complex Analysis
Hi all- I am looking at a 14 unit property and here is a link to the listing. (http://www.loopnet.com/Listing/20404304/415-e-Magn...)This is more of an academic exercise as I am currently buying 3/2 SFRs, but I want t...
Account Closed
What repairs are okay for tenants to make on their own?
I have a tenant who contacts me weekly for repairs. Some are legitimate and require a specialist, while others are trivial, such as replacing a sprinkler, and it's getting very tedious.Which repairs can I reasonably e...
Vincent Plant
Cant decide on a deal. Yes or no??
I currently have a deal locked up under contract using a 20% down conventional loan. Single fam 3 bed 1 bath. I got it at full price ($75K) without seeing it first. The property is tenant occupied by a tenant who was ...
Micah Smith
Wear and tear vs. damage and how to deal with tenants threatening a bad review
Hello,I have let a tenant know I would be charging for a couple things, including a pretty bad water stain on a nice new wood coffee table. Tenant complained that I wanted to charge for the stain, for diminished value...
Amber Peterson
Potential property for first time flip - Advice/Questions?
Hey everyone! Apologies for the lengthy post ahead of time. I've been immersing myself in everything REI these past few weeks and I feel like I 'may' have a potential property, however I need LOTS of advice and I have...