I bought a three flat for $415,000 almost a year ago to date. The rents were $850 each. I am on a FHA 30 year fixed at a 3.35%, with 5% down. PMI will never come off this loan due to the FHA loan I got at the time, an...

Hi all!
Curious to know for those who reply, what systems are you using that truly help your RE business?
-Systems to improve your deal flow
-Systems to help with asset management
-Project management
-Certain pro...

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Leominster.

Purchase price: $330,000

Cash invested: $11,550

Bought 2-family using FHA loan. Raised rent on existing long-t...

Hi BP! I have been looking for a solution for laundry in my 4 unit and I found this Shine pay bluetooth hardware/phone app that will let tenants scan a qr code to pay for wash or dry cycles in regular residential mach...

I haven't seen another post about it so I thought I would start one.  I've read the 9 page tax plan summary.  Although very vague, it provides a framework for what they are going after and mentions several things I th...

So...this is a question I need to ask because there's so much "noise" about apartment buildings soaring, "highest prices in a gazillion years, if you don't sell now you'll be left behind, blah blah blah!"
So we have ...

Have created list of questions for prescreening tenants that includes questions around estimating monthly income, credit score etc. 1. What’s the message to send tenant on denials based on their responses? (Not meetin...

SFR rental in Santa Rosa, CA is projected to be $916 monthly negative. Rental income is $2400/mo. Operating expenses $1571/mo.  Current mortgage payment is $1745/mo. Expenses include $240/mo paid to one partner for PM...

I have some ads running on craigslist and it seems like everyday I get a response from someone that seems unrelated to my ad (i.e. out of context). It seems like the responses are some sort of scam. I am just curiou...

So there are some quick ways I figure out a ballpark value for a MHP.
First- I have some constants- expenses

If the park owner pays W/S/T I use 45%
If the tenants pay W/S/T I use 35%

next is rental homes- I ONLY use...