It's commonly accepted that principal pay down is really profit, even if not Cash on Cash, as it is still a credit to your asset column. Why doesn't that logic extend to maintenance dollars budgeted from the rental re...
Rehabbing your units while tenant occupied..What has worked best for you; -moving tenants out-waiting until they leave to rehab-do it while they are occupied?Knowing this is only a 12 unit apartment with all places oc...
Hello - I am new to flipping homes in Cleveland and I need some advice, here is the situation: Situation1. Purchased 3 bed, 2 bath in Parma OH for $83K2. The tenant is not paying rent and we are in the process of evic...
I am a newbie. I am looking to buy a multifamily to house hack. I am currently renting in the central jersey area. my difficulty is not knowing where in new jersey, which city to invest. I want a good neighborhood, g...
Good morning all, My partner and I are in the process of acquiring our first 3 family. The first unit is vacant, making it easy to renovate and bring rents up to FMR. The asset has been owned outright by the seller fo...
I am an 18 year old in Canada looking to build my credit and save money so that I can invest in the next 12 months. My question is, would getting another credit card or two improve my credit score in the next year? Le...
We are under contract on 145 acres in Brevard NC. The property has direct access to Dupont State Recreational forest (a huge mountain bike/hiking/horseback riding area) and already has 10 miles of trails and a Pump T...
Hello everyone,I recently acquired a quadplex in the metro Detroit area which is my home town but I currently reside in the DC market. Since purchasing, I have placed two tenants in the building & inherited one te...
Hi everyone, was just wondering how you would approach raising rent on Section 8 tenants. I currently have one inherited Section 8 tenant whose rent is about ~30% below FMR. The current tenant is paying $1,100 for a t...
Which one could lead to a better cash flow based on your experience?Flipping a house in a hot neighborhood.Flipping a house in an area with potential significant growth within 4-5 years and holding (renting) it. Buyin...