Hello!I have a multifamily property and would like to know if agreeing to a request from a prospective tenant to reduce the rent after showing the property would expose us to any liabilities? For example, if we advert...

Hello! Is anyone investing in Detroit, MI? I’ve seen houses on Zillow for only $2500. Granted they are just shells, but I’m wondering with a full renovation if the area has potential for long term rentals. What are th...

Hey Gang,I've been in the game for just a few years and been able to acquire 4 properties with 5 doors.  It's been a blast but I did this mostly by muscling through the learning curve (of which I know I still have far...

Below is what I've seen from Freddie Mac where I got my loan.  Please note that "borrowers are eligible for forbearance regardless of whether their property is owner occupied, a second home or an investment property."...

Hi Everyone,I just got off the phone with a friend of a motivated seller. The story goes like this..The seller parents died a couple of years ago and had bad renters that lived there with out paying rent. I've asked t...

I have an owner occupant/ seller who is willing to carry a note on the property at $20,000. It's worth easily $40,000 fixed up though he pays taxes on $50,000. It needs about $5,000-$6,000 in rehab and will rent for $...

Hey Everyone!I have been posting a bit too much but I need some help! I just bought a duplex with an unfinished basement and am thinking about adding a unit in the basement (if zoning permits me to). I cant imagine it...

I keep an excel spreadsheet detailing all of my investment decisions, RE and non-RE, as a tool for me to use long-term to update and analyze my decision making skills. The way I have it outlined is very simple using ...

Hello all,

We bought our most recent rental with cash and have been in the process of refinancing it for 3 months. Every time we think we'll close they come back and say the underwriter needs one more thing.

The ...

My wife and I manage our own properties and were out of the country when a tenants refrigerator went out. We had our Dad go check it out and he seemed to think it was running fine. The tenant claims that it was runnin...