Hi Folks,I recently bought several properties in Wayne County's annual tax auction in the neighborhoods most people stay away from. I did this to test some hypotheses, and get an education one way or another. A recent...
The laws bar landlords from raising rent above 33% of a tenant's income
http://www.latimes.com/news/local/la-me-san-francisco-rent24-2009jun24,0,568083.story
Karl Marx would be proud!
http://www.youtube.com/watch?v=Jg0pDPK56Ys
I put this in innovative strategies because this lady has it ALL figured out and you'll love you gives her the money. I guarantee, you'll want to listen and send this to oth...
I'm currently starting my REI journey; I'm about three months since finding my interest for SFH rental properties. My goal is to have my first property by next fall. I am developing systems for my local market. I've b...
Is it possible to take a 1031 from a property I have for sale and use it to build an investment property on a lot I currently own? This will be my first 1031 one and don't know if this is possible or not. Thank You
In a nutshell:
I want to sell my primary residence and rent a larger home to live in, while using the cash from the sale to buy one or two multi-family homes for rental income.
Detail:
My family is outgrowing our p...
I am fairly new to the rental business and am trying to put systems into place, even though I only have 2 single family units currently. The only advertising I do is put ads out on Craigslist. I have one property c...
I have a duplex that I house hacked. It's a side by side long ways and I live in the back unit. So my renters front and rear door are in the front of the property and my front and rear door are on the back of the prop...
Hello, I am a fairly new Realtor here in Bakersfield, CA. I was contacted this morning by someone who has a duplex that they say is in good condition and both units are currently being rented out. The owners are not w...
Hello,
I am purchasing a 4 unit Investment property in NJ that needs tons of work, new floors, appliances, fixtures, ROOF, tiles etc. It is a short sale and I'm getting it for $70k. I can either pay cash for the prop...