I am buying a 10 unit apartment building for $550k. Each unit rents for $650/month and taxes are $15k/year. I am getting a Mortgage Rate of 4.25% and it’s 5 year fixed, 10 year balloon, 25 year amortization - 30% cash...
Hi all. I'm considering rehabbing a rental property to make it as energy efficient as possible, including replacing appliances and converting the kitchen to induction - which could (in an ideal world) bring down energ...
Background: just purchased a 15-unit (SRO type units with all utilities included in rent) apartment building in Central Florida.Current HVAC is comprised of window air conditioners and wall gas heaters. Plan: move to...
I’m wondering what you as a landlord cover for your tenants? Garbage, electricity, water, HOAs? What are the ones as landlords should we pay for and what are the ones tenants are responsible for typically?
I'm working to rent out my first Section 8 home in St. Louis. I've posted the house on GoSection8.com and gotten quite a bit of interest. In my portal, I'm able to look at "Prospects." There are two details I have que...
Hi All,I recently sold a single family home in Orlando - Bought for $378k, Financed $275k invested $100k, sold for $640k just over a year later. Within one week I bought a condo for $275 in Tampa and paid cash. I...
Does section 8 require the landlord to cover utilities or is this a separate expense for the tenants?
To all veterans and active duty. I'm here to help you unlock the potential of the greatest perk you get from your military service which is the VA loan. I am not an agent, lender, or broker, I am just an active duty s...
Hi allI’ll jump right into things. Context:I have a 3 bedroom condo 2 rooms are rented out. Tenant A is an A+ tenant Tenant B is a C+ tenant. I used to occupy the third room as a house hacker, and am planning to re...
Hey All,
Long time lurker but first time poster. I feel confident saying that this forum gave me the confidence to close on my first duplex.
So naturally, I now have to come back to the forum with questions! This ho...