Thorney Gibson
Single family home or quadplex
I'm getting ready to buy my first rental property. What do you guys feel is the better buy, a single family home or buying a quadplex?
DyQuan Bowers
Buying Smaller Properties First
If I wanted to start out buying cheaper properties around $50-$60k and putting them on section 8, will buying them through an LLC keep my DTI ratio from being affected? Will this have an impact when I want to go and b...
Guy Azta
Advice on high efficiency water heater for apartment buildings???
Hello,I'm in a forward stage of closing on a 12 unit in Ohio. The building has a nat gas 100 gallon 199,000 BTU water heater in place. It's from 2013, installed by current owner, and is in very good working condition....
Jonathan M.
Shipping Container Home Multifamily Idea
Hi everyone,So I've been interested in the possibility of constructing a shipping container multifamily home.But Why??? So what I have gathered from the Internet. Shipping containers are inexpensive and durable buildi...
Robert McCormick
Tax Assessment Value Doubled - Will Annual Taxes Double? (Sussex County NJ)
The current tax assessment value of my property is $119,700 and I pay $4,188.30 annually in taxes. (2023 tax year)My house was recently revalued by an appraisal company with a 2024 assessment of $254,000. Does this ef...
David Zeek
Should I take my money out of the stock market and invest in RE?
I have approx 20k in the stock market and am just starting out in RE investing. Historically, the stock market can give a 7% return per year. I think a cash on cash return of 10-13% is typical for real estate investor...
Sean Connolly
Raising Rent
Hello All,Just looking for some input. I have recently purchased a single family home and a duplex right next door. I live in the single family now, and kept both tenants in the duplex. They both are very polite, keep...
Mark J.
Create an LLC for Managing My Properties?
{LONG POST WARNING}I've researched this topic in a dozen other BP posts-- but I could use some additional input from the experiences and opinions of seasoned investors.(And please, no "consult with an attorney" respon...
Roy Gutierrez
Flooded basement in rentals
Hi,We just had a very BAD rainstorm here in Michigan (oakland county). My house and 2 rentals had water in the basement, unfortunately I didn't have flood insurance (like 99% of people here it seems). The water has be...
Matthew Drew
Advice on Listing Agent Misrepresenting Property
Hello,
We are currently in the option period for a house, and there are some minor repairs that need to be done. We also sent an amendment to the Listing Agent, along with a copy of the inspection.
Tod...