I have my eye on a property in which the foundation on one side of the duplex has crumbled due to run off from the hill to the rear of the building. So much so the kitchen floor towards the back of the house sank in a...
The Goal: My sister and I have a property tied up with the (possibly harebrained) plan to clean, paint, carpet, create an unpermitted “flag lot” with fencing, and fix a plumbing issue (10k), place tenants ($1,350/mont...
Hi all,
We are purchasing our first "apartment complex". It consists of 3 duplexes, 1 triplex and 2 commercial units. Before closing, I would like to have a general idea of how to appropriately go about increasing r...
This is for an investment property and the interest rate will be 4.125%. I can pay a couple points less and get a 4.5% rate. Does it generally pay off from a cash flow perspective to pay down the rate?
I must admit I'm perplexed by this one- $380k, 4/1 plus duplex on one lot in a super-prime spot in Westville, livable and rented now for $4k/month. Needs about $25k now IMO, and another $50k+ in extended cap-ex over t...
Did anyone else see this article in the Strib today? https://m.startribune.com/twin...
For those who don’t subscribe, I will give you the highlights.....
They expect vacancy in Mpls/st paul to go from current 3.5% ...
Are we going to have a recession this year? Historically, every time we see low unemployment it is followed by a recessionNow we hit a 17 year low for unemployment rate, so what does that mean?So will it happen? Wha...
I've been contemplating the potential benefits of focusing on direct bookings for my vacation rental properties, as opposed to relying primarily on platforms like Airbnb and VRBO. Historically, 95% of my business has ...
What are all your thoughts these days?
Well as I recently posted I purchased my first property not to long ago. I have completed all of the renovations and was ready to find tenants. All of the sudden Nashville is hit with the blistering cold that af...