Investment Info:
Single-family residence other investment.
Purchase price: $18,000
Cash invested: $497,000
Sale price: $846,000
These are three New Build homes right next to each other. The "Purc...
Hello,Has anyone worked with Grocapitus and were their proformas accurate? Any comments on things worked out? I tried searching the forum expecting to find something but was having trouble.Thanks in advance,Ryan
Bought 4-plex, one tenant installed security cameras on the outside of the building, because their car had been previously stolen. I confirmed with Realtor, tenant never asked landlord for permission to alter the buil...
I am currently going through several applications for a unit I have available and was hoping to get some advice on what you ask prior landlords and PM companies when screening a potential tenant.
The main problem is ...
Hello,We have been renting the current property for 3 yrs now, there is normal wear and tear that is common with property use. When we moved in I took pictures of areas of the house that I thought were poorly maintain...
Hi All,I am hoping someone can assist me. I'm looking for a reputable Accountant in the Detroit area that deals with RE investor tax returns and knows how to set up LLC entities correctly. I'm trying to avoid the onli...
I am in the beginning phase of purchasing an existing property management company. Would appreciate anyones input or experience as to the pros and cons. Also, how to put a value on the business.ThanksMarc
Hi everyone, I own a condo in NJ. Landlord for 3 years. I have been renting it to a tenant since last year and he wants to renew his lease for another year. He is a good tenant, paying always on time. I never had any ...
Hi folks,
I'm about to sell my home that I bought in 2009. It was originally a 3/1.5 raised ranch. In the finished lower level (all above ground) I added a bedroom and turned what was a crappy half bath in to a luxu...
I just bought a 6 unit that need renovation till I put it up for rent. My 1 million dollar question is: There are 3 tenants that still live there(non paying of course). I could pay them out or evict them but since im ...