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I have two 3-unit multifamily buildings in downtown Wilmington. I have been exhausted on handling different stuff from now and then even if it is managed under a property management company. The cash flow (due to va...
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Investment Info:
Small multi-family (2-4 units) other investment in St. Louis.
Purchase price: $320,000 (10K below the lender's appraisal)
Cash invested: ~$77,000
House Hacking / Residence
What ...
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I have two questions for your opinions and comments. The scenario: Tenant pays $500 deposit upon move-in. Throughout the years of tenancy, the rent has increased to $600 per month, but the deposit wasn’t ever increase...
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I am doing a project where equity investors do not have to sign a guarantee. However the bank financed portion will require one or multiple people to guarantee the loan with a net worth equal or greater than the loan ...
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I am in escrow for my first rental property and asked for rent rolls to be provided on the contract as one of the contingences. The sellers attorney sent an email stating his clients informed him the rents and deposit...
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Greetings, Conundrum here; had a PM for an OOS property for 6 months. In short they were horrible and I lost thousands of dollars because of them, mostly due to a non-paying tenant they never properly dealt with. I te...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $38,000
Cash invested: $43,000
Sale price: $143,000
1900 build; largest expense was drywall retexture. Me and ...
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Hello Everyone,My name is Tyler (24) and I am from San Pedro, CA. I bought my first duplex here about 6 months ago and it seems to be doing well. I used an FHA loan to buy the property and have both units leased out f...
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Is This Possible? I need to know are there any PRIVATE LENDERS anywhere, not hard money lenders willing to lend at 6% on a ready to move in home with a 20% equity position. Let me explain:My friend wants to buy a read...
I’m currently renting 1 side of a duplex that is owned by a 70+ year old single woman. She bought this place back in the 80’s as a rental investment. My wife and I are in escrow on our first house so we’re moving ou...