Peter Martin
Defining class A/B/C multi family properties
Looking at multi-family properties. How does one define just what makes a property a particular class. I realize it's a subjective decision, but could a section 8 be a class A or B for example?
Ben Leybovich
Help - having trouble finding deals
Guys, we are having trouble getting deals. Are you finding stuff?Last week we competed on 150+ units. We had known from the get-go that it was part of a portfolio, but we were hoping, based on broker guidance, that th...
Brian Zaug
Can I evict with partial rent payment?
So this duplex I have is rented with section 8 tenants. I received a call the other day, as well as a letter, from the Sect. 8 dept. saying that my tenants voucher has been reduced from $1100 (full rent) to $800 d...
Bienes Raices
4 and 5 bedroom houses?
I suppose it is dependent on the area and the demand, but do you buy these houses for rentals?
Jacob Miller
Looking to move into the Cleveland market.... but....
Hello all! I'm an Ohio native who's primarily invested in Detroit, MI and doing acquisitions for larger funds doing 5-7 deals a month. I'm wanting to replicate this in the Cleveland area. If anyone has some insight in...
Jennifer Rysdam
Just bought my first 8-plex - help please :)
Hi all. I just bought my first 8-plex yesterday. I got a sweet deal on a contract for deed. My mind is racing on where to start. I have to get the inspection done first, but after that I have a lot of housekeeping to ...
Brad Fausett
When you analyze a deal, what is your target cash flow?
So I wonder what most of the other investors with multifamily rentals in the CLE market strive for number wise? I am not sure if I am expecting to little or too much? I am using the 50% for expense rule, after that...
David Jiang
Do I need to honor a 90 day notice given by the previous owner?
I just bought a rental property with an existing renter from a very sloppy landlord. He had no documentation of the month-to-month lease that the tenants were covered under and he supposedly gave them a 90-day notice ...
James Maher
How do you collect rent?
Currently, I'm using a property manager for one property. They just direct deposit each month into my checking account. I am buying another property and will most likely not be using a property manager for it. What...
Kelly N.
Ban on renting to Section 8, 3 year time limit on renting rules proposed for new development
Hello All,I thought some would find this article interesting:http://www.mlive.com/news/ann-arbor/index.ssf/2015...I am curious to know how they will enforce the time limit on how long you can rent out a house (3 years...