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Okay, so one of my tenants (My oldest, longest, and most loved tenant), an elderly lady, went into the hospital at the end of December for surgery. She told me her January rent might be late a few days because of it. ...
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I have had investors contact me recently, but they are new. Some of the jargon is unfamiliar. Their methods of determining whether it's a good value differ (i.e., ARV - I understand this method). Also, some base their...
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Hello!Normally, on my taxes, I try to break even or make a little profit BEFORE applying depreciation to the property.I recently applied for my 6th mortgage, and the loan officer significantly lowered my buying power ...
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We are waiting for an appraisal on a house we have for sale and under contract. I am afraid the appraisal might come in below our contract price. This is because it's already happened with a previous buyer. That co...
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I have a house I bought with cash just over 6 years ago, living in it for 2.5 years then renting it out for about 4 years. Right now sitting vacant though I have a tenant ready to move in. Freshly painted, etc. I make...
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Hello real estate family, I have done commercial real estate and landing banking in Mexico (Riviera Maya) for 12 years and now I am getting ready to move my portfolio to the US (I´m from Rhode Island originally) into ...
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I come from a data science background, so I'm accustomed to creating models to derive the incremental ROI of each variable.I hear some people saying "get the $10,000 hot tub", and I get that, especially if it's a "tab...
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What’s going on BP! I have a question for my fellow investors.Do you live by the 1% rule when investing in Multifamilies? I’m asking this question because we know the 1% rule is for a GREAT DEAL! But what makes a GOOD...
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Hello all - I have a situation and would like some advice. First some background: I own 6 duplexes and 1 SFH in Fort Wayne, IN. Recently a tenant moved into one of the duplex units. Almost immediately there were se...