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Results (149)
Matthew Stover Help me understand this deal and 50%, 2% rule
28 November 2012 | 83 replies

I hope I'm doing this correctly. Thank you in advance.

3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235

Using the 2% rule, I would need ...

Frank A Castro My agent is not comfortable with my offers
1 February 2023 | 114 replies

Good evening fellows, I'm currently in the process of buying my second property. I am using a VA loan and I am currently located in Virginia beach with the following search criteria: SFR 4/2 with a backyard ( garage i...

Erik Haugen Ethical dilemma around kicking tenants out
25 September 2017 | 73 replies

I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...

Scott Trench Should We Make Our Kids Take Finance/Business Classes?
5 May 2015 | 68 replies

So this is a subject that I’m very interested in and I’d love to get everyone’s opinions.What do you think about mandating Finance class for grade school children? I’m not talking about making them take it one year of...

Ashley Roush Applicant has no social or driver's license number
6 November 2022 | 30 replies

We have an applicant trying to complete an application for one of our rentals, but they do not have a social security number or a driver's license number- which are required fields for our background and credit check....

Sharmyne Davis Warrant Deed on Pre-foreclosure
3 August 2015 | 0 replies

Hello Everyone,I am new a real estate investing wholesaler. I sent yellow letters out on Pre-foreclosures list last week.  A motivated seller contact me today. He do not want the property. Bal: $39,000, value $58,500,...

Sharmyne Davis Warrant Deed on Pre-foreclosure
3 August 2015 | 0 replies

Hello Everyone,I am new a real estate investing wholesaler. I sent yellow letters out on Pre-foreclosures list last week.  A motivated seller contact me today. He do not want the property. Bal: $39,000, value $58,500,...

Dynah Kent Help- How do I cash out refi? Can i?
14 April 2020 | 2 replies

Please help! I have 2 properties, all bought October 2018(1) is an FHA loan, primary home Ground floor commercial space (currently a dog grooming space)My apartment is 2nd floorI have to put in work in this bldg and I...

Alex L. Chicago logan square rental market
3 December 2021 | 13 replies

Seeing wide spread rent reductions while 2-3 units buildings are selling at $600-700k. What’s the catch? 3bed/1bed only going for $1800/month and 2bed/1bed is around $1400/month…

Ben Gleason Contractor damaged tenants bed, I am having a hard time finding a solution....
3 November 2023 | 16 replies

A note: I own the home, live upstairs, and rent the lower apartment.

I hired a contractor to replace some windows, and and repair the damaged frames.   I gave my tenant a 30 day heads up on the repairs, I then gave...