I’m closing on a 5plex in two weeks and I’m wondering if if I should hand all my tenants that I will be assuming a sheet with my rules and regs and info on it? What are someI should include? Thanks!
I typically look for the 1% rule based on ARV and an all-in investment of less than 75% ARV. Those are the most important metrics to me. What about you?
I was wondering if anyone has been doing this and if so how has it worked? The plan is to have an agent or multiple agents, who would both handle the purchase (finding the deal, negotiating it, and all standard buy...
Property Info: 30+ years multifamily, fully leased, roof recently replaced, great rental area, HVAC looks very old.Price: $258,240Loan Info: 5%, 30 year fixed, 20% downCash Invested: $51,648Monthly Loan Payment: $1,10...
Hello wonderful BP community!
Here's a question for all the apartment junkies – I'm running numbers on a deal from a broker where looks like there is opportunity for management and utility segregation value add. 26 ...
My husband and I are almost ready to buy our next buy and hold investment-- we will have enough for the down payment and cash reserves in a month or two. I figure that's good because in Texas the real estate prices te...
Hello, I was wondering if the the 70% Rule applies to fixing a distressed property and then holding it for rent? If not, what is the rule of thumb?
So both my Partner and my's parents have large IRAs. they would like to invest with us using their IRA. Is there no way for them to lend to us using an IRA? because we are "disqualified persons". Is there any work aro...
Hello, My husband and I have 4 rental properties. We both have full-time careers and we are trying to figure out the best way to set up our business for the long-term. We have one LLC at this time. Do you have one ...
I recently had someone suggest adding an "early termination of lease" clause to my future rentals, as I just got stung on that one.Veteran landlords, what lease clauses have saved you money and sanity? I realize there...