We have an off-market deal for a triplex, specifics are below. It looks like the initial returns are below what we would target, but there might be potential with some improvements to the property.
Asking: $220K
Dow...
So I just wanted to start a discussion that focused on the little hangups that new investors face when getting into REI. I've hit these and I'm sure others have and will too. Problem: You have no experience. You're bu...
Hello folks! I'm very new to this so forgive me if there is not enough information, or if this seems like a simple question.
I purchased a property last year which is laid out like an over/under duplex but it's a s...
The Consumer Financial Protection Bureau ("CFPB"), through its sponsors in the Treasury Department, and the Conference of State Bank Supervisors ("CSBS") signed a memorandum of understanding ("MOU") relating to inform...
I've brokered lots of rental deals where the tenant is requesting the landlord to do extra work or make improvements. Could be installing a dishwasher or laundry, refinishing floors and painting, or even more extensiv...
I’m a landlord in New York. I have a tenant that was paying $2000 for two years . She moved in her boyfriend with out telling me and I decided to increase her rent. Her new rent Is $2200 Is it appropriate to ask for 2...
I am going to start using a new lease contract that has more features and clauses I like. It is written in Word, so I can modify it. Are there any helpful clauses above the standard lease contract language that any ...
New landlord here. I recently purchased a fourplex in Killeen, TX. Asking price was $350K, but after negotiation, it went down to $333K. Down payment $87K. Each 2/1 unit is close to 800 sq ft. The neighborhood has abo...
What is Considered a Good Multifamily Cap Rate?The short answer is it depends!There’s no universal standard since it relies on two main variables–your investing objectives and current market conditions.Some key factor...
I spoke with an experienced realtor today, and he told me something I thought I would pass on.
He told me that here in Colorado, part of the recent foreclosure increase has been homes owned by inexperienced real esta...