Rax Gupta
What % of cashflow is considered good for a rental property
Hi All, I am considering buying a rental property. After all, deductions, what percent of cashflow is worth going through all hassle.
Wade G.
Curious What Everyone's Cash Flow Is
My average CF on a 3/2/2 SFH in southeast Harris County worth about 160k - 190k, at 75% LTV, is about $300 month. That $300 month is after PITI only, actual CF after repairs, maintenance, PITI, and vacancies is about...
Erica Allen
inspection report - estimate needed
I've been searching for my first investment property primarily in the Cleveland area. The property I am considering purchasing has an inspection report but I don't know how to get an estimate of cost for the recommend...
Nick Leamon
Is the 2% rule true for single family home rentals?
So I read the beginners guide, and have been hearing a lot about this 2% rule since I started looking around Bigger pockets, and my question is, is that really true for single family home rentals?
My grandfat...
Diana Rendon
We Want to Sue Our Landlord. Do We Have a Case?
This going to be a lengthy post, so bear with me and appreciate the time for reading this.Background: My mother-in-law is having a difficult time with her landlord. She lives in a house in a lot of three homes in Los ...
David Yee
How to inspect house when purchasing out of state
Hello! I am currently reading J. Scott's The Book on Estimating Rehab Costs. I plan to purchase my first property within the next year but will most likely be doing so out of state due to financial constraints. How ca...
Zoe Lee
HVAC preventive maintenance worth it?
We are looking at an annual HVAC tune up plan for our rental. This is what one company's tune up entails:Spring AC tune up:Indoor Unit
*Blower Motor *Amp Draw *Bearings *Blower Wheel Balanced *Control Board *Operatin...
Bo Edmond
Landlord won’t fix AC in timely manner or provide alternatives
Hello, I’m active duty military deployed overseas and one of my guys has a significant problem. His wife and two young kids are in Ohio in a house they’re renting. Their AC went out two weeks ago and still has not bee...
Kristina Modares
Cracked Foundation
Hi everyone!I own a rental home in Mableton, Georgia and I recently received a letter from my insurance company that said "foundation has cracking/missing foundation. Debris under screened porch" and that I have one m...
Logan Merrick
Would you offer on a house that has foundation issues?
Looked at a house that has sat for over a year vacant that was bought at auction. Has some mold and major foundational bowing in the basement. Should I make an offer or stay away?