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I have started to look at 5+ unit multifamily units, with all of my experience being in duplexes (14 units current). I would like some help on determining what expenses to include in the cap rate to figure out the re...
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We have primarily focused on fix/flips to build some cash reserves. We have the cash reserves we wanted to build, and now want to start maximizing profit on the individual deals by cutting holding costs, getting highe...
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Hi all,One of my buyers I'm representing as an agent is concerned with buying a property that requires some rehab ONLY because a friend of his bought a property in the Adirondacks region and says he won't be able to h...
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Hi, I bought my first rental property and I am very new to the landlording scene so I'm hoping someone can help me with a conundrum I'm in right now. Since I was a little late getting in the property, I missed the sum...
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I’m discussing a potential deal with an individual who’s in the process of fixing up two houses and selling them both for $40,000 in total (for sale by owner). They’re both on the same lot, so it’s one property tax. O...
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My husband and I had a short lived, several year experience as property owners including a duplex and a condo in two different states. We went through a few tenant turnarounds and sold the properties due to me startin...
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I just finished reading "Why I’d STRONGLY Discourage Newbies From Buying D-Class Investment Properties" Click here to read it. (Don't worry, it's a short one.)This is something that I was considering doing as I have b...
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Title pretty much says it all. I am just beginning. I have a list of properties I got from driving for $$ and have done the skip tracing. Are people generally receptive to phone calls from investors or should I sta...
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Help!! My tenant doesn't have a cell phone and every time I go there for rent she is never there. I don't want to evict them because it will be an expensive process nor do I know the correct thing to do. Whenever I do...
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I have a few questions about buying rental properties with a hard money loan and then refinancing after a three to four months with a conventional loan. Hopefully someone can share an example.
What do you do if you ar...