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OK, so I know people talk about this all the time and everyone has their own opinions, but two separate individuals that I highly respect in the real estate field told me that mortgage rates are going up by the end of...
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Hello all,I am currently working on finding my first small multifamily property to purchase in the Phoenix, Az area before 2018 is over (house hack). Have been running the numbers on a couple duplexes/4 plexes and loo...
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So I have a question on how to handle an upcoming lease renewal. I have a tenant, actually my best tenant, always pay on time, keep the place up, never really hear a peep from them. They are wanting to stay longer but...
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How does everyone handle rent increases with new home purchase, with existing tenants? Been there a lot of years and high points from previous owner. If they move house will need probably $1,500 in general cleanup/reh...
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Hello everyone,I know for determining ARVs it depends on a variety of factors (area, neighborhood, condition, comps, etc) but from what you've noticed in your own personal deals and the final appraisal what are some t...
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I currently own two triplexes. The first I bought with a VA loan and no money down. The second I bought with an FHA loan and very little down. If I had put 20% down, both properties would cash flow beautifully. But wi...
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We’re seriously looking into our first rental property (hoping to put in an offer next week once we have financing together). It’s a duplex with rents under market value.
How do we go about raising rents to market? Do...
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Hi, I have a property at 1602 1st St NW, Center Point. It's a 3 bed / 1 bath (w/garage), built in 1960 that's 890 square feet. It was rehabbed to turnkey condition last February when I bought it and there was a new ...
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Hey guys,Looking at a multi fam unit and wanted to know if rent increases are possible if over half the rent payments are subsidized by the government? Where could I go to find out if rent increases are doable or not ...
Hello all. I have a duplex that currently has 1 tenant receiving a partial Sec 8 voucher. I purchased the unit about 3 months ago. The tenants (older married couple) are excellent, have been there 4 years, very low m...