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I just put a house under contract, lender mentions the mortgage payments will be $1100 a month. Plus property management $100 for a total of $1200. The house can be rented for $1,500-$1,600. Which is 0.92% of the pric...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $65,000
Cash invested: $50,000
A quadruplex with great income potential but in need of updating and renova...
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Are you allowed to regulate thermostats in a multifamily unit? I have tenants who crank up the heat in the winter while their windows are open.
About 1 1/2 years ago, I purchased a house the was bank owned. I paid cash for it and now I only have to pay taxes on it. I am wanting to fix it up and sell it but not sure how to go about getting the money and where ...
Hey all. Need some advice on this one. I currently own a rental property and live in the one unit and rent out the other. My rental does not have central air and I require the tenants to provide their own window units...
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Hello everyone,
I work for a modular home builder in Maine and I've been making offers on existing multifamily properties. As many know, it's a tough market out there, and Maine real estate is really old and beat up....
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Hi everyone,
I created an account on here about two years ago, forgot about it, then started meandering around the forums again a week or so ago since I bought my first property.
Anyways, I recently bought an REO co...
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Do you think it's appropriate to place a tenant whose primary source of income is from new memberships of a multi-level marketing company? What if the tenant destroys the air conditioner, let's say with a hammer, and...
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I called a place and they want $599 + $100 installation for the cage. I don't know much about these, but this seems like a lot.For those who invest in neighborhoods where AC condensor theft happens, what do you do fo...
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I currently self-manage my 7 rentals and want to keep this portfolio growing, while still self-managing. The key? Minimize annoying service calls and long term repair costs! Please help me add to this DIY preventative...