Ian Fiske
Threshold issue: property manager, profit and SFHs?
Hi all,This is my first post, so apologies in advance if this is in the wrong forum. Thanks in advance for the guidance.I'm in my education phase of REI, having reviewed different forums off and on for the past 6 mon...
Ian Price
Your Cash-on-Cash Target?
Calling all single family investors! I am curious to find out what your cash-on-cash criteria is? 8%, 10%, 12%, 15% 25%?!I am an agent in Northwest Indiana and am seeing homes selling for $30,000 - $45,000 in decent...
Ryan Jones
Buy and Hold ~ $50k property. Do lenders loan small mortgages?
To at least achieve the 1% rule, I'm looking in areas of the country where $50k properties bring in at least $500/month; $100k properties at least $1,000/month, etc. If I find a good $50k property and put 20% down, w...
Matthew Martin
Buying without an agent on both sides in California
My neighbor knows that I am a young investor, and I asked him to contact me first if he decided to sell. Well he's selling, and it's a pretty good deal. Anyway, I think I can make it even sweeter for both of us by sav...
Account Closed
Need some feedback/advice please
Hello all! I am a newbie and I originally wanted to start with a multifamily but there's not a lot of inventory where I'm located (Middlesex County in NJ) and other areas I'm considering. Im currently renting a 1BR ap...
Jonathan Wildy
Short and Medium Term Rentals Other insurance ... not homeowners not air cover
I'm so confused... do y'all do other insurance on top of homeowners policies on your short term and medium term rentals? I had someone ask me today about how they get the same type of policy that they get with hospit...
Mike Goikhberg
Purchasing a fully occupied rental
For the seasoned rental investors out there, especially in the baltimore area - I'm thinking of picking up a fourplex that's fully occupied. However, I really want to get is under an owner occupied FHA loan with 3.5% ...
Shiloh Lundahl
It's NOT a crash, and it's NOT a correction, I think it's this...
I keep hearing about a crash or a correction in the real estate market. I don't think it is going to be a crash or a correction. I think there are multiple things going on, but mostly I think it is the economy. Let...
William Kulow
How do we feel about fish?
So I currently do not allow pets in my rental, but one of my tenants asked me about a fish and was just curious about how landlords felt about it. I feel like it can be costly on utilities but the tenants are responsi...
Keith Jourdan
Tenant not paying water bill
Tenant is on government assistance and rent is deposited into my account every month like clock work. The lease says he needs to pay the monthly water bill, about $40-50 per month. His bill is up to over $300 now. The...