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I bought a duplex this summer for (was going to list at 129k, before we started negotiations) 115k, rent is 600 for each side. Also seller paid half of closing costs. No vacancy (one unit has a 4 yr long term tenant,...
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Hello,
There are some attorneys doing videos suggesting each and every rental property be in an LLC and they recommend Wyoming LLCs. One refers to a woman who lost all of her rental properties and personal home be...
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I am hoping someone on these forums can help me out with understanding what the best way to leverage but not become deeper in debt. My husband and I own multiple SFR's, condos and a few small (du,tri,4plexes) some of...
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We have been living at this place for nearly 2 years. The "landlord" didn't have us sign a lease agreement for the place but we have been very diligent with our payments. Here recently they have spoken about needing t...
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Living in NH and doing some of the renovations myself, I am feeling the itch to buy a used truck! But with only one duplex under my belt, it definitely makes more sense to save the money and invest in additional prope...
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I have a 2 story house that I have divided into 4 units. Unit A - long term tenants unfurnished Unit B, C, D - furnished rooms with a shared kitchen - renting to short term professionals. First off, I have had great t...
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I am in escrow for a Triplex in Redondo Beach California. We are contingent on the sale of our current property ( Which we have an over ask offer for.) The Triplex needs a new roof (which we have asked for a credit fo...
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Say I am an accredited investor and I want to allocate $500k for a type of investment that should be capital preserving; completely passive; and generates $100k annually in income. In general that's a tough row to ho...
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We're beginning to hear from all over that retail stores are closing and at a very high rate. Amazon and online shopping alike has made it convenient and easy for us to do a one stop shop for things from groceries to ...
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I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?