What % should expenses be in relation to gross rents for multifamily properties.  For example:  While evaluating a deal, for the sake of easy math, a multifamily property has gross rents of $100,000.  The Actual or Pr...

Hi, I am looking to close my second deal but need looking to use private or hard money. I don't have any good private money connections yet so have been checking into hard money. I talked with several lenders and tryi...

Hello,I'm purchasing three 1b / 1b condos in a good area here in Ohio.I'm financing through a bank and received my final closing disclosures on one of the units.Purchase price is $40k. Loan is $32K.Closing costs are $...

We are about to make an offer on a couple notes that did not include a credit report on the investor who bought a loaded rental. Considering its an important part of evaluating the repayment of the note, and correct m...

The Cold Hard Lessons of Mobile U.

An excerpt:

"It was Day 2 of Mobile Home University, an intensive, three-day course on how to strike it rich in the trailer-park business. Seventy-five or so stud...

Hello,My real estate partner and I are looking into re-doing a 4-plex, and was wondering what this sites opinion is on walk-in showers vs. tubs, especially as these 4-plexes are only one bathroom. The one reason I can...

Question what key questions should a birddog ask his or her investor and know before bringing him or her any deals? Please include even what you want to have taken care off by the bird dogger before a deal reaches you...

Hi all,I'm interested in buying vacation rentals for cashflow. But I'm having trouble wrapping my head around how to snowball this into something sustainable. I make very little money. No problem. I live frugally and ...

Hi folks, I'm hunting for MF (5+ units) and my current sources (MLS + Loopnet) predictably aren't yielding a ton of fruit. I'm tempted to start calling up the listing agents on loopnet and asking to be thrown on whate...

I'm working on a number of properties in Troy (rehabbing a few and gearing up to sell a few) and curious what pockets of Troy other investors are betting on. I've always been a Downtown head south/South Troy fan (larg...