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The Net Operating Income(NOI) is a calculation of the properties operating value minus the expenses the property generates.There are many ways that the NOI can be calculated, but one of the easiest ways is to total al...
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I noticed a foreclosure notice of an old family friend. I’d like to help them without taking their house. The have 400k of equity but can’t pay their bills. The buyout is 100k form the mortgage servicer and auction da...
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A lot of the time i feel like beginners lose focus because they're "why" for getting into REI (or lack there of) is not as strong as it could be. In my opinion, a persons "why" is the reason for going through the most...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Philadelphia.
Purchase price: $268,500
Cash invested: $11,204
The Property:
My first rental is a semi-attached triplex in ...
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This is our first deal that we've actually come to an agreement with a seller and we're in our inspection period. It's a 2 bed over 1 bed duplex that has been rented by a mother and daughter since March 1st of 2013.
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Hi all, this is my first post so will try not to botch it.Also first time real estate investor and first time landlord. Teamed up with my fiancée. We just recently closed on a duplex in Cleveland, Ohio a few months ag...
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Hello everyone, i have a question about sending the list with deductions to a tenant that was evicted for having more pets than permitted. She provided an 850 security dep upon move in and a non refundable pet fee of ...
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My tenant has been a nightmare! Every excuse in the book on why she can't make rent. Finally gets caught up but the lease is coming to end June 30th. Obviously i'm not renewing and now she's mad. For May she still owe...
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Most of the folks already know this, but the biggest economic expansion or asset appreciation happened when the Fed is expanding monetary base or when it held more securities. In the last 13 years we know the best tim...
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Was responding to a person on Cost to build storage. Just the building and not land, roads, sundry. This is for a drive up metal building with rollup door. This is a project we are actually building now. This was co...