Mike Terry
Help Evaluating a small multifamily
18 January 2025 | 12 replies
How do you think the 2 relatives will feel about having their rent raised or being required to pay rent period?
Laura Kreinbring
Which form or notice should I use to end lease with tenant
26 January 2025 | 14 replies
There were lease violations disrespecting the other neighbor's leased space and harassing the other neighbor and they smoked in the property against lease, lied about conversations, has made up stories about plumbing issues that plumbers couldn't find causes to, tried to get a dehumidifier and force me to pay, accused me on two different occasions very agressively in regards to the heat/electric service.
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 2 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Don M.
First time with new construction: Cape Coral, FL
20 January 2025 | 204 replies
You shouldn't pay any draw until the work is done.
Jake Andronico
Just met w/ a developer - housing affordability may get much worse.
27 January 2025 | 23 replies
Especially paying MN taxes on NV tax free properties.
Eric Henson
Buying foreclosures with people still in it
1 January 2025 | 3 replies
If you are nearby, if you have ever been a pizza delivery person, maybe deliver a pizza to the wrong house that may or may not be the one being foreclosed on so atleast you can see inside a small portion. we used to just go knock on the door some folks would actually let you look around.
Leeling Chew
Should all tenants fill out rental application, or only the one who pays the rent?
10 January 2025 | 8 replies
Quote from @Leeling Chew: It doesn't matter who pays the bills.
Audrey Sommer
How to Calculate 5-Year Rent Growth
31 December 2024 | 3 replies
. - Rents are also a function of supply - 2024 saw the most new construction of multifamily units in American history (nearly 575,000 estimated 2024 deliveries of new multifamily inventory), and 2025, while not a record setting year, will see deliveries top 500,000 again - a huge supply increase.
Tom Hall
is it a good idea to pay of my mortgage fast?
6 January 2025 | 28 replies
When you pay off a mortgage you pay the interest for all the years you didn't own the house?!?
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
We had a wash & fold service with pickup & delivery, which added complexity to the operation.