I purchased my Los Angeles (Compton) 4-bedroom home in 2013 for 240K; according to Redfin, it is now worth 686K. 2 years ago the entire house was completely renovated (Insurance claim) due to a burst pipe that caused ...
Is this a deal breaker for you? Is it an automatic disqualified? Or, do you take it on a case-by-case basis?Here's some background info on my situation:Renting out a townhouse in a decent, working-class area, some cri...
At 30 years old, I would consider myself a little bit late to the real estate investing party (although, I'm sure others might disagree). In my 20s, I have been fortunate enough to have decent full-time positions in ...
Does anyone here have experience with Holton-Wise Property Group? Both from an investment property acquisition perspective, and from a property management perspective? Feel free to PM me if you prefer to keep your opi...
Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
We are happy to report about the recent cash-out refinance of our 174 Units Apartment Complex in San Antonio, TX. This property won the San Antonio Apartment Association Property of the Year award for 2017. We did a ...
There are two types of people in this world. People who see problems, and people who choose to try and fix them. How many of us walk past trash that is in our direct path, but instead of picking it up, just assume tha...
For those who buy and hold - how do you decide when to fold (sell)?
Here's the situation: Bought several OOS properties starting 2.5 years ago. We "chose" this location because my husband was assigned there for wor...
Hi All. I'm looking at a couple multifamily properties in Northern Michigan (local to me). They don't seem like good buys, but I'm concerned that I may just have my expense numbers wrong. Below is one of them. Am ...
Sorry, this is complicated, but I want good advise from any/all, so I'm going to include some details.
I closed on my first duplex two weeks ago. The property was fully occupied and according to the previous lease, I...