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New landlord here..applications come thru with a clean criminal background check. I also look up potential tenants on social media, mugshots.com, google them and find plenty of arrest but no actual adjudication or ca...
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Hello,
There's this fourplex I plan on purchasing in the near future, it's a 3-bed per unit apartment building. The odd thing is the realtor selling the property informed me that instead of renting out each whole 3-b...
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Hey all! For some of you investors that are purchasing in the Midwest, I'm curious what you're seeing as average cash on cash values for more purchases made with cash. As I'm analyzing properties, I'm just making sure...
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Hello everyone! First time posting here so go easy on me. I’m seeking advise from others on what they feel would be best moving forward. He’s my story.My wife and I are both currently 25 with 120k saved and no debt. W...
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Hello everyone, I am blessed and honored to be a part of this network, I am new to the investment world and would love any helpful tips or pointers so I could be the best me I could be
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Not sure what to do or if It even Matters. But here is the situation. I am renting out a single family home. I ran background checks and screened the tenants they seem like good people. Today I am preparing and organi...
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Huge Fan of Tim Ferris and the 4 hour work week and some of his stuff is what got me interested in real estate investment. My question is mostly about the prospect of so-called "passive income", basically earning posi...
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We have units in the suburbs of Detroit. Lately the quality of tenant that we have had applying has been less than desired. We look for a 600 credit score, 3 X rent in income, no negative landlord reviews, etc. Our...
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I want to put in an offer on two separate 4-plex buildings that are adjacent to each and owned by the same person, but on separate parcels.Will the appraiser value it on the income approach or the comp-based approach?...
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Hi BP, has anyone tracked their margin per apartment? I've got some numbers from it and most are good but I'm not really sure what to compare it too. Is 25% per apartment good, 50%, 15%?