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Hello all, i currently own a 50 unit apt building so I have a good idea about the business however I can't seem to properly value my next deal. Here's the basic details : (mom & pop run) 58 unit, occupancy is 80%,...
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I’m trying to think of ways to help my tenants in case some of them cannot come up with rent on April 1st. I currently don’t have a way to accept payments through credit cards but I think that might be helpful for te...
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Age-34, Single in ArizonaCurrent Net worth-$24K USD in Stocks, 10K in Roth IRA. *I am just starting to put money away as I cleared all of my debts in the last half year.Debt-$0Salary-$75K gross, which is $52.5K N...
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In my SF, the tenant is responsible for the (quarterly) water bill, and since they've moved in on November of 2011, I always have to tell them to pay the water bill. They're always delinquent and getting the late pena...
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Is there a size level where a MH Park investor should hire a resident manager?
If I still work a full time job, one where I can't really just leave anytime someone's water line breaks, or complains about a loud nei...
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I'm actually looking at a property as a personal residence in Richardson, TX, and am posting here bc I can't find too much info. What I am a little concerned about is a 300 sq ft living room addition to the back of an...
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Market Vertigo
by Cliff Draughn
"We give you a Republic; now see if you can keep it." -- Ben Franklin
As I have remarked in prior calendar-turning newsletters, it is this time of the year when most people pause ...
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Not that we are super experienced but if we hadn't taken classes this is something we may have fallen for. Recently we found a house for sale by owner on Zillow. We contacted the seller and received a text back that i...
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Hello again! Another money question :)Thanks to the folks who answered my first question about funding repairs, but now that brings me to a different question: purchasing second, third etc properties.So say you have e...