Hi everyone! I am very interested in getting into the world of commercial real estate where the loan you can get is not dependent on your income, and you can seriously increase the value of the property via NOI, simpl...
It looks like our state (WA) is restricting rent increase after the moratorium lifts. We can increase 3% above the current consumer price index. I’m struggling on finding where rent rates are found on the CPI. Anyhow ...
@ Llewelyn A. -You posted this on another thread:"Mike, Jay, like both of you, I buy based on Internal Rate of Return (IRR) Analysis, not on calculations that only tell you what the current year return gives you.I met...
In the case of single-family homes, the process of buying a run-down property, remodeling it, and then selling it for profit, is commonly referred to as fix-and-flip. Your sweat equity and ability to see a diamond in ...
BP, I just purchased and rented out my first (2) student rental properties. The first group of tenants moved in on June 1, and the others on August 1. For the first group, we put together a Move-In form with detailed ...
Hello I'm close to St Louis. I wanted to know who pays for Water and Sewer if the Owner pays do you roll that into the rentals or have them pay a percentage separate.
So I just bought my first property (4 unit multi family). One of the existing tenants (On a M2M) asked me about the new rental rates I’m planning, and when I told her of the increase she immediately said she would be ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $325,000
Cash invested: $2,000
5 bedroom, 4 bathroom Duplex. House hacked it for a little over a year and am...
So I have a choice to make. The two options are very different, but can both be quantified, so they may be comparable.
1. Pay off my car
I owe $7,085 on my car, and monthly payments are $236.
That would m...
I got this idea in my head, but I want to know if this is not only possible, but legal. So I was thinking of increasing my cash flow by allowing family/close associates to pay a portion of my mortgage, and in return g...