Stacy , if you want to make money with Airbnb the unit will need to have people provide 5* reviews .When your doing the garage rehab make sure you are designing a theme or design that will entice people to want to come back and of course leave great reviews With a garage you likely will need to go a little extra step in making it pop and keep the Benjamins rolling inId be happy to give you some guidance on themes or layouts for a free night stay :) Send me a PM Best of luck 

The owners of 100+ units can sustain and adjust since they knew at purchase this was a possibility.The new entrant to the MF space (possibly from BP since, along with the gospel of Cash Flow, another often repeated never questioned manta is that SFRs are a stepping stone to multi families) who has a few 5 or 10 plexes didn't underwrite the deal thoroughly, assumed rent growth keeping pace with expenses, and equal entrance and exit cap rates will feel the most pain. 

Maybe call me again on Monday as I am about to step out for the day :)

Hello everyone,  I am in Los Angeles County and I am about to jump into pursuing Probate investing ! 

And either buy them courthouse steps or when they hit as OREO  although not sure in your area but our area the foreclosures are down about 70 to 80%... mortgage defaults in our area is all time low.. but we don't have much sub prime and we have no hoody ghetto type areas.. pretty stable.. worse markets the homes sell for 200k or more.. 

I guess the next step is to find a quality real estate broker in Chattanooga.

Hi @Bianca Mattera ,Congrats on taking the first step, which is just asking for help! 

It sounds like you have Joint Tenancy, which means that the surviving spouse will receive a stepped up basis on 1/2 of the property (the part inherited from the deceased spouse). 

To me, Houston is just a small step down from Atlanta :-) so it's not worth the hassle.  

I learned about the Step up in Basis tax rule, LTV ratios, and the value of real estate.