I'm considering selling 2 single family rental homes that haven't and probably won't increase in value for about 20 years. I have about 30K equity in each after realtor fees. I want to take the profits into a 1031 a...
Florida condominium associations are currently navigating significant challenges due to recent legislative changes and rising insurance costs. These issues have been exacerbated by new regulations following the tragic...
Labor shortages and increasing material costs are increasing construction costs for fix-and-flip investors. To manage these rises, you can adopt a few key strategies to control expenses and maintain profitability:Accu...
Wondering which tenant application looks less risky financially? Neither have rental history as both owned...
Applicant A: Retired Couple
Income to rent from social security & workers comp = 3.7x
Income less ...
I'm trying to understand the reasons....pros/cons.... to requiring occupants 19+ years or older to fill out application? In my state you have to be 19+ years of age or older to enter into a legally binding contract. I...
So my girlfriend and I bought a house back in 2020 right when the Covid shut downs began. We were able to secure an FHA loan for 162,000. The house was on the market for 149,900, after negotiations we were able to pur...
My wife and I will be relocating to a new area in metro Atlanta from Lawrenceville GA. Our current town-home is still underwater by approximately 10-15k (Still fall-out from the last bubble and market drop). Our opt...
HI,i have a 8 unit building without a washer and dryer hookup, a prospective tenant wants to move in if i allow washer and dryer.should i allow? what are the pros and cons? and what would be a reasonable fee for that ...
Hi AllLooking to add new streams of revenue on a property we own in San Leandro. This was our first property, and unfortunately when we bought this property we were unaware that our mortgage statement would be subject...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Fayetteville.
Purchase price: $75,500
Cash invested: $1
This was a wholesale deal. By knowing my specific criteria I was a...