Gaurav Rekhi
Advertised rent too low
I created a posting for a rental unit and received close to 30 inquires. I asked people to fill out an application, but not pay for credit and background check unless I meet and decide to go with them. Essentially I m...
Jeff Caravalho
Advertised rent too low
Apparently I advertised my rental too low because I have 80 people interested in 2 days. I advertised $1700 but I'm at least $50 low for sure, maybe $100 or even $200. How should I approach this from a legal stand...
Katie Hendrixson
Advertised rents less than mortgage
Has anyone been running across multifamily properties listed for sale, with rents included, that wouldn't even cover the mortgage (https://www.zillow.com/homes/for_sale/house,condo,apartment_duplex,townhouse_type/1233...
Gordon Starr
Special focus, Dayton Ohio city limits. Where are you buying?
Hi BP, I am a Dayton, oh investor with around 10 doors on the north side of town. After looking around quite a bit I settled on the north part of zip 45405. In the last 5 years or so, the area has seen huge strides i...
Brandon C.
Advertising Response Rates - Status Check
Got my first rental posted on all the major sites. I'm getting 1-2 calls/emails per day since 7/1. Below are my response numbers. Trulia gets a lot of traffic, but it's mostly out of state phone numbers and I never ge...
Pascual Torres
Taking Duplex rental history into consideration for analysis
HelloComplete noob wanna be investor hear.We found a duplex that we are interested in. When doing our analysis we used the advertised rental rates which yielded 9% cap rate. After reviewing documentation from the sell...
Brandon Sturgill
Advertising Rates of Return & Securities Law
Is there any issue with advertising that I provide 8-12% ROI on residential real estate joint ventures?...
Shane Sitzman
lender offered interest rates
Sorry guys, I have a quick question and being deployed I don't have the means to find everything I need. I'm trying to work a deal while away and I just got rates from my lender.
Tell me if I'm crazy, but he offere...
Adam F.
Raise my asking rent on an applicant?
I just listed my rental and showed it for the first time today. What I learned from the potential tenant is that my rent seems to be way underpriced based on everything he's seen so far, and he is itching to sign a le...
Mohamed Mahmoud
Estimating rent for property
Hello fellow investors,
So I'm analyzing props in my neighborhood and according to my realtor, rents are pretty high and range from 2300-2800/month.
Of course if that were actually the case, I wouldn't be hesitant a...