I've been writing offers everyday for the last couple weeks for my clients, mostly house-hackers buying 1-4 units. Each property has had multiple offers, on average 3-6 offers within the first week (Demand).
San Die...
I am starting this a bit late, but am excited to share my experience. I am going to post comments with photos in chronological order to catch up!I found this foreclosure home in Pickerington, Ohio on Hubzu.com. It w...
Have a question for all you landlords out there. I have in my lease a clause which states that the tenant is responsible for keeping the sinks and toilets working. Barring a leak or a gut replacement which happens, I ...
I wonder if future rate increases would decrease multi-unit price?Since multi-units are priced based on CAP rates, they will be interest rate sensitive. Ie buying a multi-unit at 10% CAP makes sense in a 3% treasury-...
Heres the situation:
The house is owned free and clear
Seller is motivated but not desperate. It was listed on MLS and didn't sell.
ARV: $150k
Rehab est: 20k
My cash offer: 80k
I...
Tennant of 2 years did final walk-through with landlord in person, noted various issues like fridge/oven/microwave cleaning & one missing garage key. Some burnt out light bulbs, dirty unchanged air filter, dust/ha...
In a bit of a complicated situation..
When I bought the place it was sold as-is. Since the current tenant in place is a realtor, she was aware of what that entails. Upon signing a 3 month lease they mentioned the was...
Do you know how much you could lose in a lawsuit from a tenant? Are you personally protected if a tenant has "a good case" against you?
Hi Everyone - I wanted to share my recent experience with the community. Just thinking about writing this post is making me sick but I'm hoping others can learn from our mistakes...One of our flips has a driveway that...