Discussion
I've spent two months on ordinances instead of listings and I've narrowed to two very different first purchases. I can't tell which one is the beginner version. Option A is a mid-…
Discussion
Re-underwriting three room-rented houses for a partner and the reserve line is the softest number in every one of them. I can defend rent, I can defend taxes and insurance within…
Discussion
I've been reading operator house agreements to work out where a service business could sit in this model, and two of them handle new tenant selection in completely opposite ways.…
Discussion
I'm still in the reading stage on this, no house yet, and the lease term question keeps stopping me. Every room-rental owner I've talked to splits into two camps. One camp does tw…
Discussion
Five bedroom, two bath, about 1,900 square feet, bought in a college-adjacent submarket and run room by room since. Rooms are 690 to 780, gross sits around 3,650 a month. A whole-…
Discussion
First rental is close and it might be a three room house rather than the duplex I started looking at, so I've been rewriting my screening criteria and the income rule breaks immed…
Discussion
Working out what my first deal actually costs, and furniture is the line I keep rewriting. Quotes I have, buying mid range from a warehouse store and assembling myself: bed frame,…
Discussion
Reading through house agreements people have posted and the cleaning section is where they all get vague. "Residents keep common areas tidy" is doing a lot of work in one sentence…