Monica Johnson
Coronavirus and your tenants
I wanted to put this out there to my fellow landlords that we should check on our tenants right now. The school closings could be devastating to some especially single parents with young children. I say this as someon...
Luke Carl
Airbnb To Require 24 Hours Between Rentals
I'm sad to say I don't see how Airbnb can survive this.
Airbnb.com says that Brian Chesky is making an announcement tomorrow (4/28/20) at 3pm pacific. We were hoping for good news. I guess we can assume this is the...
Dina Harleth
Calculating capital gains on sale of gifted house?
Hi everyone,
I'm contemplating selling a house that was gifted to me by my father while he was still alive. I'm trying to calculate what I'd net from the sale of the property (to make a comparison between sel...
Melissa Kirchhoff
Airbnb Occupancy Rate?
I'm trying to work some numbers on a potential purchase. Now I realize this will be very specific to the location/property/price/marketing/etc but what would be an occupancy number you'd put on an Airbnb type rental? ...
Dean Letfus
Memphis Terry Brown warning
Before we took control of our own acquisition one of our earlier suppliers was Memphis Investment Houses and their property management company owned by Terry Brown. Terry appears to have skipped to Chicago, (accord...
Steven Rosenfeld
Struggling To Find The Path To Passive Income
I did W2 for 30 years as in corporate IT. Dabbled in real estate but never went for it big time - bought and sold a few primary residences and a couple of condos over the years. Now I'm 56 and hoping to never work for...
Rick Bassett
Worst tenant ever - I missed a giant RED FLAG
If everything goes well then our worst tenant ever will be moved-out in just under 12 hours from now, the champagne is on ice and we are cautiously optimistic. Interestedly enough, the problems with this tenant have v...
Emily Sulliban
50% Rule- Is it Really a Rule?
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
Alex Johnson
Investing in Turn Key Properties??
Does anyone have strong opinions either way about purchasing turn key properties for buy and hold investment? Have you had success with them and stand by the model, or on the flip side, have you had a negative experi...
Beryl M.
Myhousedeals.com?
Has anyone heard of myhousedeals.com and if so what do you think of them?.