Irwin Haddox
Rental investments: I don't see the math working out
All,I cant understand the math behind the rental investments even though I would love to get started in it. Where I am from (Delaware) a 3 bed 2 bath can rent for 850 a month. If I find an amazing deal and it costs on...
J. Wang
Tenant paying late, but not later than 5 days
Hi fellow landlords,Today I had a situation with one of my tenants in NC. This tenant has been paying rent always on the 5th, although the lease agreement says the rent should be paid on the 1st of every month. She pa...
Michael Arrieta
Estimating Rehab for Apartments
My Apartment Investing course tells me to estimate rehab costs for the offers by asking the broker if there is a per door rehab cost especially for capital expenses. Rule of thumb apparently being $250/door. Then in d...
Kevin Ford
What are industry standard vacancy periods and leasing fees?
I was informed by my property manager that the standard time to find a new tenant would be 45 to 60 days. This seemed very long to me, so I wanted to see what other peoples' experiences have been. How long does it t...
Robert Ferrell
Single unit in Four-Plex
Hey there everyone. Tonight as I was driving down the road I passed a "For Sale by Owner" sign in the yard of a Four-Plex. I pulled over and took a photo of the sign to quickly save the info. It didnt offer much, a ph...
Account Closed
Residential leases with all of the nuts and bolts
Hello Bigger Pockets community. I've been a member for a while now but this is my first post. I've finally gotten myself in a position to where I have enough equity to comfortably purchase my first rental. so now, I'm...
Sean Buchner
House Hacking Question
Hi yall,
I am a college student studying civil engineering, I have a job lined up for after school but I still have one more year of school after this year.
I am thinking why not but a 4 bedroom house and live in it ...
Nick Causa
Knock money off rent?
Quick question: We’re new to landlording and a pump in our tenant’s unit broke leaving them unable to use the kitchen sink for 5 days until the plumber can replace it. We bought the house 2 months ago knowing the pum...
Johnoson Crutchfield
A new investor all over the place
I have now acquired about 35 rentals in a very short period of time (15 months). Almost all of them are on 5 year/15 amortizing notes cash flowing an average of $125/month. I only have one private money investor who...
Christopher Bennage
A beginner with an opportunity to develop a small subdivision
Hello,First, my experience in real estate is currently limited to a couple of rental properties. So I consider myself a beginner.I have an opportunity where an old friend of the family, in his late 80s, had started to...