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I'm looking at purchasing a rental property and I was wondering where people find information on costs such as water/sewage. Do you go to the city or contact the water company to get numbers for this? Or do you make a...
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I purchased an investment property with a main house and a detached garage with a finished apartment over it. What is the best way to monitor utilities for the garage apartment? The property is on one account currentl...
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I am closing on my first investment here shortly that will be a duplex. I will live in one unit and rent the other out. All utilities are covered by the current landlord, but I don't want to deal with that headache. D...
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Hi, I was wondering if approaching a vacant land differs wholesaling as it is Single or multi-family homes? I guess I am wondering what issues or things to looks for when analyzing a vacant land deal?
Thank you
Being a landlord can be a lucrative proposition, but unforeseen expenditures can put a damper on profits if they aren't calculated into the rent beforehand. The reality is that the costs of a rental property extend fa...
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Hello All, I have been reading up a lot on Passive Losses lately as we have been looking at some larger properties and considering using Cost Segregation along with that. These purchases would be through LLCs that var...
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There is a triplex listed in my market area for $79,000. It is currently empty and previous owner occupied one of the units while renting the other 2 units for $900 combined. Listing agent is estimating the owner-occu...
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I have found a 5 unit apartment building I would like to purchase. I owne a real estate company and a management company and own several of my own single family homes. This is my first attempt at a multi-unit. Plea...
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I own a couple single family homes in the St. Louis area near a dental school. I have been thinking about renting out the bedrooms rather than the whole house. The house is a 3 bedroom 1.5 baths kitchen living room,...
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Hi,I have two single family houses in Detroit currently rented out. Both houses have detached garages and I have been considering turning the garages into 1 bedroom units. They would be very small, approximatley 300...