Kelly Williams
how to quickly profit from rent ?
How people are investing in todays market where rent doesn't cover mortgage payments? ... No matter where u buy the house u cant rent it for more than mortgage payments...It means I have to be in minus to keep up a ...
Brigitte McAuliff
How to estimate the value of an ADU?
Hi everyone! Looking for some insight on how to estimate the ARV of an ADU in Tulsa, Oklahoma. The main house is easy to comp, but ADU’s are uncommon in the area. I’m in the process of creating the scope and rehab bud...
Mark Bosworth
Web Enabled Thermostats
I'm seeing high electric bills in our STR properties and was wondering if anyone had tried using a web thermostat to reduce power usage when the unit was vacant. The idea would be to turn the AC up (higher temps) whe...
Account Closed
Section 8 tenant question
Hi experts!I recently purchased multiplex in Ohio. One of unit is occupied with section 8 tenant who is paying lower than a market rent (also lower than current section 8 rent). I’d like to confirm the following items...
Darby Smith
Commissions to realtors and how you pay them
"Industry standard" seems to be that you pay a percentage of the total lease to the realtor that found the tenant, for the full term of the lease, and that is paid up front.
Why? Why do we do this?
Most of our prop...
Samuel Wilson
Condos VS Single Family Homes
Hi,I plan to buy my First estate within the next year, I know that Condos are cheaper to buy usually than single family homes (and sometimes easier to upkeep). Family homes, on the other hand, seem to cost more but yo...
Luke Wendel
Bigger Pockets Calculator
I'm new here. Does anybody else constantly have their dreams extinguished by the Rental Calculator. It seems like every property I enter shows a negaive cash flow unless I put in a really low purchase price or aggre...
Adam Johnson
Systems and Processes
Hello all,
I recently started out in the note business in late 2019 and am eventually wanting to grow to a minimum net income of $5 K per month, the research and studying that I’ve done so far has emphasized a lot on...
Deadrick Colbert
Appraisal came back the exact same amount as my asking price
I'm in the process of purchasing a hud home. I thought I was getting a great deal, however the appraisal came back the exact same amount as my offer. The house sold in 2010 for 41k higher than what I offered and it is...
Brady D'Hont
Payment agreements with contractors
Hello,What are most peoples terms with contractors regarding payment plans/schedules? Obviously they vary, but from an investor side of the table what do people shoot for? Thx