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13 February 2016 | 13 replies
I'm looking to get started by buying a multifamily home (preferably in Tampa but I'm open to wherever the wind takes me!).
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8 February 2016 | 2 replies
Hi everybody,I have been searching for about 6 months for a 3-4 unit multifamily unit in the Chicago area, preferably north side.
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10 February 2016 | 1 reply
Its split 50-50 I personally think that its your preference its how you want people to see you .
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8 February 2016 | 0 replies
I know my limits and that's a job I prefer to delegate.By the way, all these people that I can call to get a quote for my rental fix-it work or getting an approval letter - I will call just to see how they are because it's not always about calling to get something for me.What is your most challenging part of building your team or for those that have solid people in place, what was your most challenging?
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10 February 2016 | 12 replies
If you prefer female tenants (I recommend them, they tend to take better care of your property) then you want something in a nice neighborhood - someplace not-scary.Hope that helps!
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10 February 2016 | 9 replies
I have found many sellers prefer to deal with an agent and many have stated it is because we are held to a higher standard.
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9 February 2016 | 4 replies
Out side of those personal preferences, I think that would, generally, be considered a solid deal.
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9 February 2016 | 1 reply
I prefer someone who knows how to work with long distance landlord.
12 February 2016 | 1 reply
I am a broker in Missouri and I have a client that I handle leasing for (not management) that prefers that I sign the lease as a "authorized agent" on his behalf.
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11 February 2016 | 8 replies
The 2% rule is a guide, like all other rules.I think you should do the math, as you have, on both sides being rented at market value because you may not want to live there forever.I wouldn't personally purchase without cash flow.Not all areas allow for cash flow purchases so you may need to find another way to invest in real estate in your area.For analysis purposes, I do monthly rent - 30% (vacancy/maint) - PITI (I prefer 15 year notes) = reasonable expectation of long term cash flow.