I have an old rental house that I have had tenants living there for two years. I got a letter from the state saying that the tenants son was seen at the hospital and has a high level of lead in his blood system and t...
Hi, All. I recently bought a small multi-family property and needed tenants to move out. Per agreement, listing agent sent 60-day notice by plain mail and door post 30+ days before escrow closing. One tenant did not p...
Hello everyone and I appreciate any help/advice upfront. I am trying to help very close friends of mine with a real estate transaction. Below is the following scenario:The house: 1800's Greek revival made into a duple...
So I'm just getting started learning about investing in rental properties. I probably won't be buying anything for another 2-4 years, so right now I just want to learn how to analyze deals at least to the point where ...
Hi All!I have a deal that I am analyzing and I wanted to get some opinions. The property is a 7 unit apartment building that is in need of some repair. The seller has agreed to seller financing, and I am currently in ...
We hear a lot about “The 2% Rule” (or, as The Book on Rental Property Investing calls it, “The 2% Test”). For our benefit, I would like to create a local forum discussion (THIS forum discussion) that documents our in...
I'm a young real estate investor seeking the advice of experienced real estate investors to determine my next steps in building my real estate portfolio. I've outlined my situation below. Any advice, comments, etc. a...
It was close to Christmas when my property manager called me and gave me the bad news: one of the tenants was celebrating his son's birthday and invited the boy's uncle to the party. They got into altercation and the ...
I have a applicant who's pretty eager to rent my place because several other places have already turned him down in favor of other applicants. I think the applicant has been looking for at least two months since he ha...
I have been looking into IRR and NPV and I am hearing mixed reviews about both of them so I was wondering if you really need either of these two formulas or is one better than the other?