Hi all,So I'm meeting up with the owner of a 6-unit of Friday to discuss purchasing the building from him. He's in his mid-80s and looking offload the property just in case any health concerns come up down the road, a...
Long time listener, I have a newbie Q though. I know the answer is "it depends on your personal goals" but hear me out.What are the disadvantages of putting 30% down on a rental property? (here out my story below)I am...
Hello!I'm currently living in Seoul, South Korea, and I will be visiting family in Seattle (Queen Anne) next month. In the near future, I plan on returning to the States and may move to the Seattle area.If anyone is i...
I currently have 7 rental houses and I am looking to make my next investment purchase a multifamily. I toured a 24 unit about 1.5 hours drive from my house. It is in a small town (population 7,600) but numbers at fir...
I have teamed up with a couple of local investors and 1 homeowner directly. I have the properties, and now need to find buyers. What is the most effective strategy to finding buyers for lease options?
In need of a little guidance here: The company I work for currently rents our office space, and we are interesting in purchasing the building we currently occupy. I'm exploring options, and think that a lease with opt...
3x 4 unit buildings. Yearly rent is $93,900. Sellers want $1 million. They don't have P/Ls etc. They inherited from father and these properties are slum but in a great town where a SFH 2/1 800 sqft rents for $1100. I'...
Hello I've been following this thread and have been gaining some much needed information. So if I am correct once I receive my tax certificate I can begin the possession process and current owner has 3 year redemp...
There seems to be an improper focus on occupancy. I can put a place out there at a dollar a night and get 100% occupancy. I can put a long-term rental apartment out there at 30% off and be occupied all the time. It do...
A friend and I plan to partner on buying rental properties. We'll contribute equal amounts of capital up front, share roughly in the workload, and share profits. We will write a proper agreement spelling out all expec...