This property is a duplex in a college area with good rental history (not college kids)Purchase price $125,000Rent $1850Electricity $25Water/Sewer $100Insurance$100Heating $150Vacancy (5%) $92.50Maintenance (5%) $92.5...
I searched the forum looking for the right balance of expectations for a listing agent. The way I see a listing agent is a marketing expert that can get the owner the best price the fastest way. In order to accomplish...
Hello,We are getting ready our MTR property to be rented for a traveling nurse. We are still in early stages of getting our property ready for rent and I had a question regarding furnishing. I do have a check list (sp...
i dont think the 2% rule works in los angeles... how is it possible to find a $2000 per month rent place for $100,000 this just does not seem possible... could anyone explain whether the 2% rule or 50% rule works in l...
I am looking at an apartment building in Memphis. 20 units. 4 1 bed, 16 2 beds. It's a Class C-/D neighborhood. Low income. I am very familiar with the neighborhood and complex as I grew up around the corner. The crim...
So, for the majority of our investing career, we have sourced our own leads. We have probably spent more money on sourcing leads than most professional wholesalers. we close on most of our own deals and have done very...
My question is... When do I take out the average 5% vacancy fee and the average 10% maintenance fee? Are both taken out of the gross rental income before all of the other operating expenses or after you deduct the ope...
Hi short term rental experts! My company has about 40 Airbnb units in downtown Atlanta and we have pretty high turn over rate. As that being said a lot of our supply has short life..We have to constantly replacing our...
This might sound a little silly but I was wondering if anyone else saw the traditional Monopoly board game as somewhat educational and maybe even a bit motivational for real estate investing? I played the game tonight...
I've been reading a few posts about the benefits of bank relationships. I'd appreciate hearing stories from folks that have been successful at it.
One approach I read about was placing a deposit in a bank, then aski...