I have a tenant who moved in to one of my patio homes in July.  This morning she notified me that 2nd floor toilet for the 2nd bathroom overflowed yesterday and leaked to the ceiling on the first floor around a light ...

Question for experienced rehabbers out there that target multi-family (5+ apt. buildings) -- what return do you target and you've been able to successfully achieve? I figured given the liquidity risk (funds are tied ...

Long Island is quite strange because NYC, JC, and CT are right next door, yet LI's fundamentals are making my head spin.Both in NYC and Long Island, the net income from job would be about the same after the LIRR/MTA/c...

Team-I own a duplex in Daytona Beach and we've worked really hard over the years to update and renovate the property. I believe we're now turning the corner and seeing the "fruits of our labor". Not only do we get gre...

Looking for feedback on here on whether to sell my current primary house or turn it into a rental. I have recently just renovated the kitchen with high end appliances and high end upgrades. I have also put in brand ne...

So just bought a 4-plex, it has 2 vacancy’s and 2 poorer tenants that are leased through an agency. Just got the keys a few days ago, so I cleaned the one unit a little, ended up seeing some German cockroaches, so wi...

Well we closed on our 4th foreclosure this week. This one being our first HUD. The others have all gone off without a hitch. We had our HVAC guy come out to fire up the heat and got some very bad news. The house has b...

Hello All,

Please I would like to know how much an investor can realistically expect to make on a Short Sale. How much are you guys averaging on your shorts? I have heard that banks are only discounting to about 83% ...

Hi all. Just wondered if you could provide feedback on a deal I'm working on. The details are as follows:

No of Units: 4
Purchase Price: 120,000
Monthly Rent: $1800
Monthly Expenses: $1100
(I know...not a great dea...

Hi everyone,I have found a 4 unit apartment complex that is in a desirable neighborhood and passes th 50% and 2% rule. My question: Can I finance this using FHA (3.5% DP) and get a 30 year fixed interest rate? I know ...