Jane S.
They want to pay 12 months in advance is it red flag
8 April 2020 | 30 replies
They are 3 adults, early 60's, employed, 2 sisters and one sister's husband who looks like ZZ Top ... the house is actually too small for growing weed inside, but has a huge yard but totally exposed on a corner lot, so i dont think that would work.
David To
issue with my Property Management company fees during covid
15 November 2020 | 40 replies
Don't they have family members (parents, brothers, sisters, relatives) that they can move into?
David Lorenz
Is it legal to limit number of tenants residing in a unit?
13 July 2020 | 12 replies
My wife shared a room with her 3 sisters while her parents took the other room.
Mark Vesu
Duplex with my Sister-in-Law 16 years ago with no agreement
27 March 2020 | 6 replies
All, I bought a duplex with my sis-in-law in 2004 I lived there till 2009. It is a 3BR and 2BR. I own the 3 (59% of built up space) and my SiL owns 2 (41%). From day 1 we paid everything based on this % of ownershi...
Derrick StClair
Expert Investor Advice Needed - California Inherited Properties
14 April 2020 | 13 replies
They could all use quite a bit of rehab work and are currently being rented for 25%-35% below market rental rates due to the condition they are in. 1) Single Family - 2bd/1baGross Cash Flow = $3,000/moCurrent Market Value: $1.1M2) Single Family - 2bd/1baGross Cash Flow = $2,700/moCurrent Market Value: $1.1M3) Single Family - 4bd/2 full bath + 2 half bathGross Cash Flow = $0 (Vacant, house need a LOT of work)Current Market Value: $1.84) Duplex - (2) 2bd/1baGross Cash Flow = $4,500/moCurrent Market Value: $1.8M5) Commercial - 6unitsGross Cash Flow = $11,100/moCurrent Market Value: $2.5MTotal Gross Cash Flow Across 5 Properties: $21,300/monthApproximate Net Cash Flow (after PITI) = ~$14,000/month (property tax assessment is EXTREMELY low because it was inherited, total tax assessment for all 5 properties is <$2k/month)Market:Location: San Mateo, CaliforniaNeighborhood: Grade B+In a perfect world I would like to double or even triple this net cash flow so that myself along with my sisters family can retire early.
Victoria Coleman
Things to consider for a beginner small multifamily investor
8 April 2020 | 50 replies
I will be using financing and partnering with my sister.
Anthony Murphy
AirBnB in Mexico beach town
2 March 2020 | 12 replies
I grew up there my entire life and I personally think you might do good March & May-July but the place is a ghost town once school starts back.My parents And sister family still live there and the real estate prices are insane after the storm.
David Shiling
Biggest mistakes learned from first Rental?
1 November 2020 | 136 replies
Written on a check by his sister through a trust account.
Jay Hinrichs
Where are the renters going to go will market get crushed
8 December 2021 | 84 replies
In Sisters last March there were 16 pending this March there were 22 pending.
Jonathan S.
Owner wants to stay as tenant
7 May 2020 | 55 replies
Then he moved out suddenly to get a place with his ex-wife who came around again to use him yet again to do things around their new rental house and take care of here disabled sister.