I am looking at a4 family in Bondhill (neighborhood of Cincinnati, OH). The neighborhood is NOT very good. Not dangerous, but not desirable. Both building are owned free and clear. There are close restaurants and ...
My wife and I purchased our first investment property on March 1st, 2017. It is an ambiguous sized apartment building (2 or 3 units) with tenants in place that needs a ton of work. Here are some of the numbers:Purch...
Hi I am a 31M living in Mountain View and am looking for a rental investment property within 50 miles of my residence. My monthly HH income is 16k USD after tax.After looking at multiple properties and calculating the...
We've recently sold a condo in Myrtle Beach and bought a new beach house in N Myrtle Beach/Cherry Grove and I'm looking for some top suggestions for features that guests love to see in a property. We thought we had do...
Hi AllTenants lost power throughout the house. Electrician was called to investigate the problem. He said there was a power surge and got the lights working. The furnace quit working. My furnace guy said that the fur...
Hey all,I purchased my first rental property May of last year that is a 3-unit student rental. I found a property manager through the attorney I worked with in the area who claimed he uses him on his own properties an...
Hi there,ISSUE: A tenant informed me she is responsible for cracking my glass top range and wants to know next steps for getting it repaired. The glass top / cooktop part is no longer manufactured. If the part was ava...
How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
I'm restructuring some of my leases to increase cash flow on a per building basis. For example, I am going to provide my tenants 2 window AC units, free parking, free storage, and some other amenities that they can i...
I recently bought a sfr in Seattle, closed December 22, 2015. The inspector that charged me $400 for the inspection totally missed a one foot diameter area in the dining room along the garage side wall that when step...