Samuel Botts
Is there a rule of thumb for estimating cabinet replacements?
I put an offer on an SFH for a BRRRR property and it needs some cosmetic work to say the least. Assuming our offer is accepted we're going to have a GC give us an estimate but I was curious if anyone had a typical num...
Nancy Solano
Mobile homes, pro or con?
Hi All- we are looking at getting a mobile home park. From what I have read on the topic, investors don't seem to like park owned homes, they want to just rent the lot. We are used to leasiing houses/rooms, so I am wo...
Account Closed
What CAP rate do you look for in a Mobile Home Park?
What is a good cap rate to go by when looking at MH parks? Anyone have luck syndicating larger deals? Smaller deals are not very appealing to me in this space.
Derrick Lumsden
Depreciating HVAC Boiler
Hello All,
I am wondering if anyone would share their opinion or even expertise on depreciation vs repair.
I just had an old HVAC boiler replaced for $3900 including labor.
I know depreciation would cost out the ...
Nicole Heasley Beitenman
"Formula" for 3-part offers?
A friend from my REIA was talking to me about how to make offers, and he (and other sources I've looked into) suggest making 2- or 3-part offers to increase the odds of my offers being accepted. As an example, he sugg...
Jim Growfer
How to figure out my Debt Coverage? 7% factor?
Can I use 7% interest as a conservative number to figure out my mortgage payments? If i got $1,000,000 Lent to me. I would pay 70k in mortgage payments per year
Michael Boylan
Charlotte Investing for a New Investor
Hi all,Just graduated back in May and moved to Charlotte. I'm anxious to get into real estate investing, and want to buy a property and house hack come August when my current lease is up.Second, is Charlotte too risky...
Nadir M.
Cash flow tips? To use or not to use.
Good morning everyone, I recently closed on my first rental property and UC on a second. The first property rented out quickly (cash flowing around $275)and I’m hoping to make roughly $250-$300 per month on the second...
Thomas Weidner
What is your net income in STR’s?
On your short term rentals how much of that rent do you actually put in your pocket? I understand some of the things you have to pay for such as utilities, WiFi, furniture. But what are some of the other costs associa...
Bill E.
Reducing costs - utilities, cable, internet
I just purchased a 12 unit bldg which has three corporate units. They pay between double and nearly three times market rent which is great - but LL pays for all utilities, furniture, etc.
I'm trying to brainstorm id...