I currently have 9 units spread over three properties and am under contract for adding a duplex. All told, there is about $400k in equity built up between the three properties. I'd like to be able to tap into that. He...
I bought a place in Southern California at possibly the worst time in 2007 and I owe more than what it's worth. I moved out in 2012 and have been renting it out since. I have only been making interest only payments ...
Maybe I am missing something, but I am not understanding how people are buying properties yielding < 4,5,6 percent gross. What am I missing here? If a mortgage is around 5%, then add taxes and other fees, how do pe...
I have great tenants in one of my properties that is reaching the end of the 2nd 2-year lease term. I did not bump rent when they renewed the lease so it will be 4 years without any increase. How much would you bump u...
I'm very interested in renting out my current primary residence and moving to a different city but the mortgage I have on the property is higher than most of the monthly rents for similar properties in this market. An...
I have a house in Las Vegas that is managed. I've been slowly raising rents, but am far below market rents. They are currently at $1370/month. They moved in four years ago at $1265. Market rent is at least $1800 n...
If you have a great Tenant, but need to raise rent by $450 and they are unable to come up with it do you negotiate rent to keep them, and ask them what they can pay or did you looks for new tenants who can pay the inc...
I just took over management for a commercial building that's split into 4 units. One of them is a franchise name and is the largest unit. Two of the units currently have a cheap salon and the other is a cheap mom &...
I’m getting into MF investing and wanted to obtain feedback in regards to cap rates, specifically on how to improve (lower) them from the time you buy to the time you sell a property. My fear is that if I purchase a B...
Hello To the landlords that do vacation rentals is it worth putting in a Hot Tub. I know for me its a must to have one when I want to get away However, I do hear it can increase the electric bill a lot. Do you thin...