We just purchased a 4-plex in the Minneapolis, MN suburbs. The current rent is averaging about $720, but the going rental rates are somewhere between 1050 and 1350 for a 2 bed 1 bath unit. We have purchased this pro...
Hey BP! I’m getting ready to close on my first duplex within the next two weeks and very excited!I’m inheriting a tenant who has lived at the property for 24 years and never missed a payment. Issue is he is paying 7...
What do people think of the tax plan, and specifically, how it may impact real estate investors?
Hello world!My name is Tore, and I'm totally new to the whole real estate game. I'm here to learn.About:Name: Frank Tore Thornæs, you can call me "Tore".Age: 28From: Trondheim, NorwayJob: Incident Manager, for a retai...
Hi Everyone, One of my tenants in a triplex are a married couple with a baby and two dogs. The unit is a 3Bed/2Bath in Chicago. Their lease is up mid-2018. They told me they've started the process of hosting one to tw...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Columbus.
Purchase price: $319,000
Cash invested: $90,000
The rents at this property are below market value, and I plan on...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Hilliard.
Purchase price: $370,000
Duplex that was purchased on the backend of a 1031 exchange. Long term hold with plans to f...
My tenants have not missed a payment despite COVID-19 and their lease is up in a couple months. I will be asking them to renew. For awhile, I was planning to raise rent a little because costs for the unit have gone up...
Hello,
I recently bought a property in Cleveland and inherited the tenant. The tenant is amazing and has been there for a long time, she says she has no plans on leaving. The property is rented at 850 a month with ...
Greetings Fellow Investors! My name is Ryan. My wife and I purchased our first investment property right before the new year. It is a single family home and we are positive $550 on cash flow. It does have potential fo...