Just bought two duplex that are on adjoining lots. Quality of the units also vary.Each unit is a 1/1. Two Buildings. 4 Doors.All numbers are after capex savings, management, etc.Need a strategy to get them all inline ...
I'm a couple of weeks out from closing on a 10 unit property. The deal is great, with amazing financing terms... it will cash-flow on day one. My only concern is 60% of the leases are month to month (some have been mo...
Hi! I am in the final stages of purchasing my first investment property. Closing within the next couple of weeks. The property is a 3 family, all fully rented. All of the tenants have been there for multiple years and...
Hello everyone,
I’m seeking your advice on whether I should continue holding or sell a property I purchased last May 2023 in Windsor, Ontario, a city next to Detroit, Michigan. I acquired the house for $350,000 with ...
When people are trying to rehab homes, why do I keep hearing about private investors to fund the projects? Does a conventional mortgage not work?
I just watched my first episode of Rehab Addict and, she too, uses pri...
Hey all,I am new to this landlording bit. Something I have wondered is how you determine how much more to charge in rent for extras on rental properties. For example, I am up in the mountains of NC. It isn't SUPER ...
I have an opportunity to purchase an 8-unit in a solid area of buffalo NY. I currently own 3 duplexes and want to make the jump to multi. Long story short, the bank loves this apartment, giving me a 10 year loan, 20 y...
Hello everyone!
I am a young investor who grew up reading Kiyosaki's books and knew that real estate investing was for me from an early age. So I started saving. I finally saved up enough to buy a house and r...
After reading several real estate books, blogs, and listening to podcasts, I'm still confused on the purpose of cap rate specifically for commercial multifamily properties. If cap rate is based on factors such as prop...
Good afternoon.
I am looking to buy a house that currently has a tenant who has been there for 10 years that is paying $575 for rent when market rent is around $700. I am confused as to how to navigate this situation...