21 October 2025 | 14 replies
Michael,I am really having a hard time finding a site that provides updated and relatively inexpensive 30 60 90 day late lists.Any chance you can point me in the right direction?
23 October 2025 | 23 replies
I buy inexpensive cups, silverware etc that is easily damaged or can grow legs.Sheets and towels are good but not terribly expensive to replace.Haven't had much issues with damage.
24 October 2025 | 4 replies
I still listed them in expenses below for clarity, but if you’re running your own numbers, don’t double-count them.Operating Expenses (Professionally Managed)Property Management: 10% ($297/month)Maintenance Reserve: 5% ($148/month)Vacancy Allowance: 5% ($148/month)Taxes & Insurance: $559/month (already included in mortgage payment)Total Monthly Operating Costs (excluding double count): About $593If you include them anyway, total would be about $1,152, but again — taxes and insurance are already baked into the payment.Cash Flow SummaryGross Income: $2,965 (current) / $3,300 (market)Operating Expenses (excluding taxes/insurance): $593/monthDebt Service (mortgage + carry): $2,271/monthNet Cash Flow: +$101/month now, +$436/month at market rentsCash-on-Cash Return: 1.9% now, around 8% at market rentsWhy I Still Bought Over MarketEven though I paid about $25K over value, the creative financing saves roughly $10K per year in interest versus a new conventional loan.
8 November 2025 | 30 replies
Stage an outdoor fire pit area, possibly create an inexpensive patio area with inexpensive Adirondack chairs, and possibly a grill, for all tenants' use.
25 October 2025 | 12 replies
However, its important for you to understand turnkey and inexpensive real estate do not mesh.
24 October 2025 | 13 replies
I incurred about $1200 in expenses in trying to buy an investment property.
23 October 2025 | 11 replies
In expensive markets like New York area, this is the most cost effective way to get into properties and ideally reduce your housing expenses.
8 October 2025 | 4 replies
Hey folks - My wife and I are interested in expanding our investment in our home town. We've run a two-unit short term rental here in Portland for 5 years with success (2025 will be our best year yet), and are interes...
11 October 2025 | 4 replies
Quote from @Varsha Kgan: I plan to buy a house in Bay Area - Sunnyvale/Fremont..I see good deals on houses built in 1958 or some in 1960s, 1970s.I don't have past knowledge/experience with house repairs but am ok with spending some money (may be ~$50k ) on easy/inexpensive ones.
26 October 2025 | 17 replies
Building the most inexpensive single-family house that can be engineered as a one-off build is one of the last places I would recommend investing money at this time.