Hi all,Am considering putting in an offer on a multi-family in Manchester, NH. I have pre-approval for a 30 year standard fixed loan. The income/expenses are as follows:Asking Price - $245,900Gross Income - $2,790 p/m...
I own and live in a pretty triplex with four rental units, built in 1928. One of my long-term tenants moved out. I installed new hardwood flooring in her unit and restored and shellacked the woodwork with the expectat...
When you are looking at a Mom & Pop deal like self-storage or self-service carwash -- and the seller absolutely refuses to provide financial statements or tax returns -- because they have been running this as a ca...
Ok this will be a long one. My family and I moved into mobile home in December after our home burned down. The home was offered to us for free through a mutual friend at church. Free for 3 months as we had just lost ...
Hi All -My company and I are looking to purchase an MHP we've come across off-market. Park is on public water & septic as well as a park owned electric system. We know how to operate on public systems however we'v...
I am searching for Home Insurance right now. Since I will be fixing up the home for a few months, I am getting the quote as a 2nd Home. The home is a townhouse. I've received 2 quotes so far. 1 for around $1350 an...
I'm not sure how everyone else keeps it together, but for the last week of each month and every day after the first that I don't receive a rent payment for a unit I start imagining the worst. It's actually pretty str...
Hi all, I am evaluating a property as an Airbnb/short term rental in Port Orchard Washington. I have looked at several other properties on Airbnb in the area. My concern is that none of them are booked more than one o...
I was having a discussion the other day with someone who said that Northwest Florida (especially more of the luxury areas around 30a) are more of a "capital appreciation" play and that It's impossible to get good cash...
I just completed the laundry room for a 4U, and one of the tenants is very concerned about conflicts, he suggested assigning days of the week which I thought absurd. I can see it being annoying for a 3th floor tenant ...