The garage apartment is built on slab and has a history of flooding because it's built at-grade, as opposed to the main house which is elevated three or four steps above ground and has a pier and beam foundation (no history of flooding in the main house).The converted garage apartment has been gutted from the inside and is in pretty bad shape (roof needs to be replaced, some of the wood is dry rotting, etc.). 

I thought I was into a portfolio lender, but it seems like they have dried up with "new regulations".  

I did have 1 house where I had to drill a well , because the old hand dug well went dry

This means you would only be able to draft about one loan at a time and would have some excess cash that may never be used for the entire year.

Hey everyone!I have a row home rental with good tenants. I was informed by one of the tenants earlier this month that the cigarette and marijuana smoke from the neighbors in the adjoining row home was causing her naus...

Going the middle road doesn't work so well it seems. it didn't work for Goldilocks int the end either ;)   20-99 unit properties were most likely "professional" investors on commercial debt that couldn't refi because liquidity dried up.

Back in 2015 I bought my first rental in Durham, NC. After looking for a month, this seemed like the best deal.Specs:4/2 built in 2006 1200sqftPP: $94500Had a tenant in place renting for $1050.I recently had the prope...

Like a lot of the talking heads on radio, now is a time to stockpile dry powder. 

Here are some strategies that you may wish to employ in light of where we are in the market cycle:1.Focus on the right asset – multifamily real estate is popular during times of uncertainty because people have a preference for renting during times of uncertainty and because it is valued intrinsically, it is less prone to large swings in sentiment which can impact the value of single family homes. 2.Invest in real estate - it represents diversity in your overall portfolio so if you are taking cash out of equities to invest in real estate then you are potentially building yourself a portfolio that is positioned for excess returns with lower volatility.

Charge more for washing/drying.