I was at a sherrifs sale in november and saw a property with a sale price of 360k in 2005 (8 plex) which the bank was forclosing on. The upset price was 166k and no one bid. The bank got it for a dollar. This past Mon...
I am really interested in the Nest thermostat for my two unit property as I pay the heat, however the property does not have wifi so I wouldn't be able to access it from my phone. Is it worth it to get some sort of wi...
It looks like I’ll be closing on my second 3 unit property in Chicago June 1 (finally!). Two of the units will be vacant by closing, and the third unit tenant’s lease expires May 31. This tenant would like to stay, an...
I am just curious if anyone thinks that the BRRRR strategy would work with Air BnB? I know that to refinance into a bank loan you would need to show projected income on the property. Would this work similar with a sho...
Hello All, I wanted to float a scenario that I found myself in to get some perspective on people’s opinions of where $/SF should rank in terms of priority when valuing a 3-4 unit MF property. I recently came across a...
TL;DR: We are good at long term rentals, but we want a beach house. Is that a bad idea?Background: My husband and I own a few (mostly local) long-term rentals that all have a positive cash flow. While I'm not finding ...
As I sit in my rental with my second consecutive no-show appointment, I can’t help but ponder: to self-manage or not to self manage. I’ve gone back and forth, see pros and cons of both, and would love to know your tho...
If I knew the answer to this question, I'd be a lot better off.Sadly there are many, many untrustworthy contractors. I live in the land of South Florida where the worlds most shady contractors congregate.In the past 5...