We are looking at a property that was once a single family home that now has been broken up into five units. All units are currently occupied and all leases renewed at $700/unit. The landlord is responsible for all ...
I recently had a 5-plex under contract for $450k it’s a in a C class neighborhood in Tucson Arizona, cash flow about $3275 per month. Rent can be increased a little to $3700 per month. I’m putting 25% down for this pr...
Just wondering, if they're dead set on being a bad tenant, why would they accept your petty cash for keys if the rent costs a lot more and they can stay in your home for free?
If you've done this before, how ...
I think I already know the answer to this but I just wanted to throw it out there to see what others think.
Assume you have a rental making $1400. Rents have increased over the past year and you could now rent it out...
Hi all,I have a question regarding my rental property that I just bought from HUD. After the property was closed, I went on a business trip and did not have a chance to change the lock yet. When I returned from my t...
I am having some trouble keeping tenants in my 8-unit apartment block. Some tenants have broken leases on account of getting into debt but it seems security may be an issue. The block is set close to the street with a...
So I've been interested in doing some flips in my area. (Been doing some "driving for dollars") but as I've been listening to the podcasts I just wondered why would someone flip when they can keep and refi later on an...
I love this site. Everyone seems so willing to help others, collaborate on ideas, and partner up. The podcasts have been great too. I love hearing success stories.
I quit my job a few months ago and thought I'd quick...
Hello, BP. When you are going to refinance your property. I believe 1 of the requirements are "cash reserves" to cover 6 months to 12 months of funds to cover the mortgage. Instead of having cash, can a person use Cre...
Hey there, I've been lurking for a while and would love some advice on this. I'm looking at a 700 sq foot two bedroom cabin listing for $95k on 4 acres of land in a desirable part of the Hudson Valley, NY. The prev...