Michael Glunk
Buy & Hold Deal Analysis Advice Needed
Hello All! I was hoping to get some thoughts on this deal that I am looking to buy and hold. Any thoughts are appreciated. Thanks,MichaelPurchase Price: $120,000Rent: $1,800 (It's currently under contract through July...
Daniel Thomas
Cap rate
I am just starting out. I currently own two properties and am looking to get serious and start growing my portfolio. Should I look for properties with a cap rate of 10? For example, purchase price is 84000 then rent s...
Lev Bass
Ok to ask tenants to pay part of new washer's cost?
The washer needs to be replaced. It's a front loader. Tenants prefer another front loader, which would be about $500. Top loaders cost about $300. Is it ok to ask tenants to pay half of the difference if they have a s...
Kao Saeteurn
2nd Investment Property, 1st BRRRR Tucson, AZ
Scroll down for TLDR numbers.
BLUF: Home purchased as a REO via auction.com, found a tax lien after paying 5% earnest money, which delayed closing, couldn't sell because the property did not have a rooftop deck, end...
Miller McSwain
Roof Size Estimate/Rule of Thumb
I'm developing repeatable processes for house flipping and was wondering if there is a quick way to estimate roof area.
I think I've heard that the size of the roof can be estimated by doubling the 1st story sqft of...
Jon Coleman
Building additional storage in unfinished basement
I am in the process of purchasing a 4 unit property that currently has secure basement storage for tenants. The storage spaces are no more than 5x5 but the basement itself is fairly spacious. This has resulted in so...
Kent Agill
San Antonio - New Constuction Quadplex
Hi, I am Kent and I am first time out of state investor trying to get into RE in San Antonio. I have been researching the market for a while and want to move forward with a smaller endeavor - to start construction on...
Matthew Gallo
My First Flip - Boston, MA
Hi All,I've been on this site for quite some time and wanted to announce my first deal. It was a little more unconventional, as I lived in the house while I worked on it and the flip was over the course of about 8 mo...
Debbie Zimmer
Tile Layers - How They Charge
Hi Everyone,
I'm struggling here and need educated (I guess). When it comes to getting tile work done, why isn't the labor for that just calculated by an hourly rate like everything else? Why isn't it as easy to pa...
Dave S.
Accelerated Depreciation Spreadsheet / Checklist
Does anyone have a good checklist of items that can be included in the accelerated depreciation method? I.e. fans, furniture, etc, etc,. What are the depreciation rates for each?What are the amounts for each that you ...