Daria B.
1st Multi-Family (duplex) deal
22 February 2016 | 14 replies
I did do some force appreciation on the 1st and will be raising the rent when the current tenants vacate or if they decide to stay.
Shayne Hastings
Is it better to invest in my area that has sky high prices or invest in other markets?
9 June 2015 | 48 replies
When you only have a few units in another market you are forced to hire a PM and being so small, you are not their priority.
Michael S.
New Member from Upstate NY
16 March 2015 | 8 replies
I am a 34 year old Air Force veteran (2W0) and am currently residing in upstate NY near FT Drum.My REI goals are: short-term -> Learn as much as possible and close on first deal by the end of the year mid-term -> $10k/mo positive cash flow within 10 years long-term -> Maintain a sustainable growth investment portfolioMy preferred strategy is SFR/MFR Buy and Hold.I look forward to learning more from each of you as time goes on and hopefully will be able to glean enough to start successfully investing in the near future.
Phil Ferranto
Adequate reserves vs. rehab budget
13 March 2015 | 8 replies
I have an ever growing list of data points that suggest investing at least $5,000/unit in rehab costs is a great way to drive value and force appreciation that would more than pay for itself within 12-24 months.
Joshua Dorkin
Where are rates going in the short term?
11 March 2015 | 8 replies
Oil is still weak, Boomers are retiring debt and Millennial buyers are not out in force yet.
Jason Brooks
Does a Purchase/Sale Agreement need to be signed in ink?
12 June 2013 | 11 replies
Jon, knows, Any facsimile or electronic transmission of any signature required shall have the full force and effect as the original signature.Been done for about twenty years.
Matt Whiteside
2nd deal under contract, turning into another learning experience
21 February 2014 | 17 replies
If she keeps on stalling I would, in a nice way, tell her that the offer for $500 is off the table if you have to go to court and she'll be forced to move everything out with no help.
Justin Trowbridge
Newbie in Eagan Minessota
24 June 2013 | 5 replies
Thanks for your service Justin, I too am a veteran (Air Force).
Mike Roy
Good Deal?
27 April 2015 | 9 replies
@Mike RoyEven if the norm in your area is for the landlord to carry the heat as suggested by @Michael Noto, that is most likely only as a result of the building stock being either conversions from SFRs or built in the era when central boilers were the norm.You did not mention whether the central heat is hydronic or forced air.
Samuel M.
Turnkey
22 January 2017 | 48 replies
Or do we just need to use brute force and call everyone and find out?