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Yesterday, I just closed on our second multifamily deal. I can honestly say that almost every part of this deal was influenced in some way by what I have learned on this forum, in the webinars and, especially, on the...
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short background. I am about to start looking to buy a second rental property here hopefully in the next coming months. But also, I will be moving out of my house around the same time and turning that into a rental. I...
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In 2013 I had some good timing. Purchased a four unit apartment building, built in 1980 with major tenant and management issues. It cost me around $360k all in but I used an FHA203k loan so my out of pocket was around...
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(Disclaimer: I totally took the formatting of this post from another post by Anton Ivanov that I liked a year back!)
A Little Backstory
I am currently 30, married, no kids, living in Gilbert, AZ and working as a fin...
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I don't understand people who are long term tenants, and the logic behinds it bothers me. They are paying monthly rent to other people, which doesn't make sense to me. If they have money to pay rent each month for lon...
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I am sure everybody has encountered the nit picky tenant. They may be a good paying tenant, but they annoy you to death with every little thing wrong in the home.Obviously I pride myself on getting real repairs, repai...
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Good evening,
I have come across a "discounted" property that needs relatively little work to be rented but there is no cashflow.
My market has very high property taxes and it is "impossible" to cashflow with todays...
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Hey, BP I'm officially 1 year in this business and thanks too you guys for all the help during my process. I already kinda got my mind made up but I just wonder you guys thoughts on my circumstances.I have a duplex th...
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Hey All - Super n00b here.
We remodeled our basement and added a kitchen. There was plumbing and electrical that was added. There was also a washer and dryer added upstairs. We then added a wall to close off the wat...
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