We are a group of investors from NY, NY, TX looking to buy a duplex in FL. Many of the deals we evaluate are showing 7-8% cap rates, which works well for us, but once we stick a management company fee on there it is w...
I wanted to start this topic just in case there are any other newbies going through the same start as I am. That's just educating yourself for your first flip and trying to figure out how to the finance the first deal...
Hubby and I have multiple units out of state in Michigan. What that said, we have contractors doing the work for us, and overseeing things, while they communicate with us. I just had someone sign a lease on Monday, ...
When you decided to get into REI what was your why (your drive) to get into the business and succeed? Personally, my why is to past my knowledge on to others, specifically, those less fortunate and unsure of where the...
I got renewal quotes on 2 of my investment properties in Tampa this week. Last year I paid $1475 in premiums for the 2 houses combined, but the quotes this year came in at about $2200. That's about a 40% YoY increase!...
I'm a relatively new landlord and am nearing the end of my first 12-month lease with my current tenants. The property is a 2/1 with me occupying a 300sqft ADU on the same lot. Recently we had some major water damage d...
Hey guys I have been listening to a lot of podcasts and many of them talk about frugality and saving money or being cheap. I was always raised to believe that being cheap is expensive, sure you may save money right no...
Does anyone have an investing strategy of buying and holding property in low income neighborhoods? I have heard the saying, “the poor” need housing too. I am curious if anyone has made a niche out of this type of inve...
Hope this question is where it supposed to be.I have 8 propertys, 5 of which have loans.All total they clear about $7000 a month.I have a small side business and my wife is a killer realtor earning us an additional $1...
I want to start off on the right foot and was thinking of getting a gift for my new tenant.Has anyone here done this if so do you have ideas for what to get them?