Hey Guys,Question regarding projected maintenance, repairs, and Cap Ex. I've heard and read opinions on the anticipated expense percentages when evaluating a property (10% property manager, 10% repairs, 50% rule, etc....
Hi guys, I am new to the whole real estate investing and I am wondering what kind of short term rentals should in Spring, Conroe, and the Woodlands area in Texas? I tried to find a cash flow property in these location...
We have 2 story SFR in Memphis. Purchased in Sept 2017 as turnkey with major deferred maintenance items addressed. First tenant moved out Nov 2022 and current tenant moved in Jan 2023. Current tenant previously comp...
I and my contractor friend invested in a foreclosed home. Knocked it down and got the framing, roofing, plumbing done. We will probably need another 150K to finish the house. Title is free and clear of liens, no mortg...
Anyone ever have issues with their bank after not meeting their DSCR requirement?
I have a year one property where we got rid of multiple tenants and did some remodeling before filling back up with better ten...
Hi guys,
I spent 6 years as a tax accountant before I got to my current position (Director of Finance for a commercial real estate development company). I've been approached by someone who owns a rental property an...
I have a couple who have rented from me for over 8 years. The wife has gotten into drugs. The husband is a very responsible and a good tenant. Wife leaves for weeks at a time and husband works and takes care of chi...
Hello all,We are doing a semi-renovation at an apartment and redid all the flooring. Its a 2nd fl 2 br loft next to a busy local highway. I was going to put in vinyl plank flooring in the living room, hallway, and l...
For those that don’t live near there properties, how do you know if you need to call the insurance agent if there was hail or another weather event
Hi All,I'm looking to get a HELOC ($200K). I have good credit, decent equity, and a good loan to value ratio. I've talked to BofA (they'll give me a good rate locked in for the first year, adjustable after that) and a...