Jonathan Ruths
Reserves and Expenses for STRs
Does anyone find that STRs have higher need for repairs than long term rentals? When analyzing, what percentage of gross income do you set aside for cap ex and maintenance?
Jared Comeau
Accounting fees and Tax filing
Good afternoon BP.So I'm still in my education phase of REI, and I just spoke with a CPA about setting up our legal structures and tax structure.He mentioned that accountant fees are typically $2K/year.I'm wondering i...
Casey Mcgoff
Beginner's Guide to SF Renting
Just found out my best friend is sitting on a 5/4 SF home. Its newly renovated and sits on 9 acres. They have been paying the mortgage for two years and aren't making anything on the property. What a waste! (To the...
John Casmon
How Do Pre-Payment Penalties Factor in on Your Loan Decision?
Most investors I speak to focus on the interest rate and LTV (loan to value) when seeking a commercial loan. Unfortunately, many are not paying as much attention to the pre-payment penalties. In today's climate I know...
Jamarla Edwards
Penalties for Using Conventional (non investment) loans for Flips
Hi,I am about to purchase my first home, using conventional financing, and I plan to flip it within 3 months. Are there any legal restrictions or financial penalties for using conventional financing (non investment) ...
Henry Clark
Self Storage- Deal 9, Marketing Play
Just checking the internet and I ran across a thread I responded to below, trying to help them out. On the flip side, this would be a great deal. All of the "Work" is done; this is a Marketing play. Several states ...
Tony Blessings
Seeking Foundation specialist in Milwaukee
One of my units in Milwaukee has some drainage foundation issues(leaking) and i am looking for someone who has had similar challenges and who they used to fix the issue. Please share your experiences.Tony
Alejandro Ferrer
Raising rents in Chicago
Hey all. If you have a inherited tenant who’s lived there for 5+years and is on a 6 month lease ending end of august. Rent is below market and want to increase at least 50$ for now. Going to give a 120 day notice befo...
Brent Tatum
Facebook Ads to distressed homeowners
I was wondering if anyone had experience setting up successful facebook marketing campaigns targeting distressed homeowners?
Josh Edelman
Las Vegas Market Overview for May + News!
-- Real Estate Update --
Here's the latest real estate market report for May 2023 (single family homes) :
Median Sales Price : $445,000 (April: $438,950)New Listings : 1,710 (April:1,621)Median Days on Market Until ...