Marie C. SaintVil
Raising Rents While Keeping Tenants
I have a 5 plex I'm closing on in GA. The current rents are below market rents. To get it up to the market, I would have to increase rents by about $500/month on each unit. 1 unit is in poor condition and is MTM so I'...
Emad Nasser
How to find out if property is worth investing
I know few people in the area i live in that have rentals and i wanted to know what is the market value in my area So i can know what to offer, they are not putting for sale but these people are elderly who might sel...
CJ Moulton
Would a condo be a good start for a real estate portfolio?
Hello Everyone,
I am a 25 y/o looking to invest in their first property. I just recently graduated college with a whopping $170k in student debt. Now that I am done with school and have a solid job, I wanted to focus...
Victor Han
Three Family Rent Control Weehawken
I have been living in two-family (I own) in Weehawken for about 2 years. Never thought rent control would apply to me, but I am looking to buy a three-unit in town. Two of the unit is tenant occupied and one is vacant...
John Perry
Backing out of a purchase at Sheriff Sale (Ohio)
Yesterday I did something incredibly stupid. I was bidding on a house at a Sheriff's Sale online. During the auction I went to increase my bid and accidentally ended up bidding on the wrong house (I know baffling). Tu...
John Pettas
First small mobile home park, something off?
A small 5 unit mobile home park came on the market yesterday and the agent said they already have two offers in hand. Seller has 48 hours to accept so I need to get my offer in today. The agent said that the seller is...
Jack Plantin
Small 2b/1br SFR, NW Indiana
Location: NW Indiana, greater Chicago area.
Asking price: 60k
Offer price: 55k
Loan amount: $41250 (25% down, 5.25 interest)
Expenses: $750 annual property tax, $900 annual insurance, 8% vacancy, 13% capex/repairs...
Albert L.
winter is coming .. renovate now or rent later?
Hey folks - I may be closing on a property soon in the westpark/jefferson area. I'm in a bit of a pickle deciding whether to ..1 - vacate the currently occupied unit and take the next 1-2 months to do some minor upgra...
Ted Jackson
small apartment complex
I am looking to buy my first property. I was really not looking for anything this big to start with, but I have come upon 2 eight unit complexes. The first is really nice, pretty much turn key. The rents average $4...
Jennifer Johanson
Rent Increase
I'm just starting out, trying to find a sample letter to send to 40+ renters, notifying them of an upcoming rent-increase. Ideas?