I have another one I'd like to discuss. This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home. The POHs are $800 a month and the TOH is $300/month. Gross...

My wife and I are considering buying a small multifamily that is currently used as a duplex but has the potential to be turned into a 4-plex. For financing, the plan is to buy all cash using short term private lending...

If the property has a mortgage/lender, and the loan amount is greater than replacement/rebuild cost for property, is it better to have insurance coverage for the loan amount or the replacement cost?
I understand goin...

Wholesaler passed along a potential deal:
Purchase price: $135K, estimated rehab $35K, will be using HML to fund 70% of the deal, two comps sold in May '20 the street behind the property, they were not rehabbed. The ...

I have a question that I need some advice on. How hard or easy is it these days to get a second property as your primary residence but the second property is a 4plex? Is that possible? If I refi my current home to ...

A listing agent is selling his/her own home in a neighborhood that I am very familiar with. I've delved deeply into the comps of this neighborhood, and I know pretty much exactly what I want to pay for the house. I kn...

Hello !  Can someone tell me how many days after move out do I have to return the security deposit to a tenant in Indiana?  Some states allow 30 days but someone told me it might be 45 days in Indiana.  Also, I am req...

So I had an ant problem in my unit while livening there and the landlord sprayed a chemical on the countertops to combat them after the store bought stuff I was using wasn’t cutting it. He told me to let it dry and wi...

I'm in the process of purchasing a 16 unit property (eight 2 unit buildings) that doesn't have central heat/air. They're all still using window AC units and gas wall heaters. If the AC units stay then I can make them ...

I just purchased my first property. It is a multi-family with three units. I will be living in one, and the other units will have the same tenants who lived there under the old owner. They are paying below-market ren...