Anyone experienced in C class investments? I am looking into a 4-Plex in a C class community with 11-12%CAP Rate. The CAP rates factor in property management fees and a projected 40% expense figure. The community ha...
Hi all,Anyone heard of this policy? I am trying to find out if it is just Quicken Loans or if this is a Fannie/Freddie stipulation.We are in the process of buying a 3rd rental property. We bought the first 2 in 2013...
I have been adding quite a few units lately and my number one problem is tracking rents and when them come and what amount. I have many tenants who pay themselves and are paid before the due date via check in the mail...
Hey there, I know there's already a thread about this, but I read through it and still don't feel like I have a great answer. My question is the same. I am a travel nurse, and I've had trouble getting a mortgage for 2...
Was looking at a multi family in Springfield OH and on paper it looks good and cash flows. The neighborhood has less crime compared to other parts. My worry about Springfield is that it seems like a run down town and ...
Hello All,What is your go-to questions are when a seller calls in response to a yellow letter? The questions you use to pre-qualify a seller before making an appointment to visit the property. In other words, how does...
Fresh Queen's Park, the Ontario provincial government tables their measures to slow down the run-away real estate in the GTA.Among them ... rent control for everyone!Expanded rent control that will apply to all privat...
Hi BP,How can I prove that I am paying my kids for painting work for my rental properties? I think it will help to write off for tax. Right? But not sure how without official invoices.
Hi all - wanted your input on the following. I closed on my first OOS rental property 12/31/2021 (signed paperwork with notary) but the funds didn't settle until the new year. So on the CD, closing date is still 12/31...
hello everyone,I am looking for a little guidance on my first commercial property . Have found a building that needs a buildout to be completed and the owner is going to hold paper until build out is complete and i ...