Victor Saumarez
Recession-Proof Metros: Redfin Report
Redfin recently did a report on cities least and most likely to be affected by a recession. Least volatile were Rochester NY, Buffalo NY, Hartford CT. Most volatile were Riverside CA, Phoenix, AZ, Miami FL. The criter...
Patrick Philip
How do I run comps for my house rehabs?
I'm trying to run comps for house rehab projects. I was instructed to run comps like this...Look for 5 comparable properties. Start my search within 1/4 mile and 3 months, then go out to 1/2 mile and 6 months, then to...
Haris Becaj
Las Vegas Airbnb Hosts
Hello everyone,
My name is Haris and I am new to this forum and community. A wealth of knowledge on here from what I've recently gathered and glad to be a part of it to collaborate or assist. I am a local mortgage b...
Ayodeji Kuponiyi
Feedback from Landlords & Property Management
Fellow landlords and PM, how should I respond to this text message from my tenant? My tenant texted me this morning regarding renewing his lease which ends on October. He wants to revert back to $850/month (which is w...
Kirk B
The Reserve Expense Prinicple of Property Analysis
I was looking at a property that had extremely high taxes in relation to Gross Rents:
2 apts $500 ea, $1,000 Gross
Taxes: $4,250/yr $355/month
...
Sal Mazzone
Turnkey Due Diligence
Exploring the idea of investing in turnkey/out of state properties. Before everyone starts bashing the idea, I've read enough on here to see there's 2 points of view- you either hate the idea or love it. I believe I...
Brandon Schlichter
Success or failure with turnkey properties
Every so often, i look at various companies that are selling turnkey properties. It interests me as an alternative to straight rental management, especially if someone could provide the turnkeys to purchasers AND offe...
Joseph R.
Did I miss my chance?
Hello,I am preparing to purchase my first home, here in South Florida (Boca Raton) and I would like to live in this house for a year or so and then rent it out. However, I am concerned how the home values have increa...
Andrew Cox
Advice on first deal: town home flip with $20k - $40k spread
First post, first possible deal, and I would love any insights. I'm in Minneapolis, where RE isn't cheap, but the market is still very workable. My plan is to fix and flip on this one. My cousin and his wife are desi...
Pete M.
Lakewood vs Tacoma markets
I'm currently looking at an apartment complex in Lakewood, and am curious how it compares to Tacoma. I'm obviously not local to that area, so curious as to any feedback from locals or people familiar with the area. ...