Sean Johnson
Manufactured homes for buy and hold
The numbers on a couple manufactured homes I am looking at are great. But they were built in the early 90s. I worry that if I hold on to them for 10-20 years, they may literally fall apart and then I am just left wi...
Chris Conroy
My First Deal - Rehab questions
I am in the option period on a multi-family unit in San Antonio. This is my first deal! I will walk through tomorrow with a contractor but my question is this. When you guys buy a property that needs some cosmetic wor...
Christian Busch
Should you buy preconstruction condos? The pros and cons in summary
I'm a real estate investor and broker (Florida and NY) and have spent a lot of time looking at preconstruction condos in South Florida. Here's my take on the topic: please comment so we can all learn more! My main adv...
Steven Rodriguez
Florida Tenant Laws
Hello everyone, I'm from Miami but I was wondering if Florida/ Miami has tenant laws which limit the amount of tenants that can live in a single family home assuming it had 4 bedrooms and I would live in one, for a to...
Lucy Byrne
Need opinion on FHA 203K closing costs
Hello everyone,
We are closing on our first property and here are the closing numbers. They tend to change from the lender and needed guidance if these look correct ? Our purchase price is 420,000 with 5,000 credi...
Jeff Lucy
Typical Net Income %
I am interested in hearing what others are are able to realize for Net Income as a % of your gross revenue on rental properties. This would be net of all mgmt fees, repairs, taxes, insurance, etc. I just analyzed the ...
Anthony Locascio
best place to get quality tenants
Hi everyone,I have not been a Landlord for 25 Years!I recently acquired 3 properties that i want to hold and rent out and then sell sometime in the future.I have refurbished them as to attract a a quality tenant .i...
Alex Silang
What % of portfolio is real estate?
I was talking to my friend earlier today. I can either buy 1 or 2 properties with my cashout refi money. I'm concerned that if I get 2 properties, I'll be too overweight on real estate. It'd be like 80+% of my total i...
Tyron McDaniel
Vintage Renovation of this Craftsman Home in Houston!
Just completed a really neat Vintage Renovation project that I think was pretty cool and a LOT of work...As with all deals you learn a few things or improve on your processes and this deal was no different! I also mad...
Tyler S.
Repair costs
Ive never rehabbed, so when I'm wholesaling what is the best way to estimate repair costs of the property?