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We own a home in middle class neighborhood in a quiet residential neighborhood Los Angeles with a decent school district. Our lot size is about 6500 sq. ft., with a detached garage space which we are considering to co...
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Hey all,I'm trying to work out a good Cap Ex amount for my rental properties. I was previously using percentages of monthly income i.e. 10% Cap Ex, 5% repairs and 5% vacancy. However, after calculating the cost to rep...
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If you have owned your home since 2020 there is a great chance your home has appreciated enough in value to get your monthly PMI payment removed. This will easily save you 2-5k/year.
Getting rid of Private Mortgag...
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Hello We have a new tenant on our first ever rental property and they’re are requesting adding a water softener citing hardness? Should we agree? Should we say no? I’m afraid if we agree or negotiate they may ask for ...
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How do you price MTR stays, is it somewhere between STR stays and LTR rents? Also, what are typical expenses, also between STR and LTR? Need to know MTR cash flow profile so can make appropriate property offers. Thank...
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Authors Palak Shah and Niti Jamdar don't think so! Pre-order their new book, Accelerate Your Real Estate and learn all about using the BRRRR strategy to effectively scale your business in 2023.👇 Drop all your questi...
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Hello BPers! I'm primarily a SFH investor and new to the commercial investing space so apologies if this is a basic question. I am considering investing in a MF syndication and wanted advice on the compensation mode...
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Background:-My wife and I have two single family rentals in Fort Worth TX where we live. -After PITI and 10% for maintenance/capex the rentals combined cash flow $575/mo or $6900/year which is approx 2.6% return on eq...
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Hi everybody! I have an issue that I need help figuring out how to address. I have an apartment that’s attached to my house and I’m renting it out to two tenants (a brother and sister). They’re pretty good tenants ove...
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Hi all,
The lease between my tenant and I ends on March 31 st, I wanted to raise $20, he disagree because his say apartment has a lot issues, I say fine keep same rent rate for one year, he say he did not want to sig...