I was recently in a competitive bidding war for a house. In order to make it enticing, I increased the offer 5% more than the asking price and submitted without making any conditions; I figured I can adjust the off...
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Hi all - I own and manage three duplexes in the Boston area (Medford). I have been cautious about raising rents as I try to maintain goodwill with the tenants. It's been less of an issue with my first two properties w...
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I am looking at investing in my first multi-family property. I have a few questions, where can I find an accurate Cap Rate for any given area? Also, utilizing Rentometer, the current rent fees are low compared to th...
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Hi everybody,
I am still learning and have a question about how to handle a situation:
I looked at a listing for a duplex and the published rents seem low for the area. Assuming the property condition is good and ...
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I had a recent walkthrough of a potential duplex investment in San Diego, and it definitely needs work. One of my concerns is the condition of the road leading up to the driveway of the duplex. The asphalt is non-exis...
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Opinions on financing vs paying cash ? ✅
I have always been in the mindset of leveraging the banks money to buy rentals but with interest rates increasing & difficulty finding cash flowing properties I have thou...
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So we just bought a fourplex in a great location and the rents are drastically under market per unit, literally half price in one of the units! The last owners never raised rents on the current tenants for the last 17...
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Hi everyone,
My tenant wants to renew for 4 years, which align with her children high school tenure (i.e. they start high school next school year 2023). I just want to take a survey as to how much (i.e. % increase...
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I am currently in the process of looking at some self storage facilities to syndicate. One of the questions that has come to mind is as follows...How does aggregating more units into a portfolio effect the exit cap ra...
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Title says it all. The additional details are that the top tenant has been there for 4 years and the bottom tenant has only lived there since August. I was wanting to raise the rent $50-$75 for the top unit (3 be...