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I'm considering making an offer on a 17 unit apartment building in the southern suburbs of Minneapolis/St. Paul, MN.Here are the summarized numbers from the owner: He keeps very precise track of all of the apartments ...
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The very tragic LA fires have generated a lot of discussion about insurance costs. People have been dropped by insurance companies in wildfire areas and had to scramble to try to find insurance - some using California...
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Trying to acquire a house for rental purposes, long term strategy is to rapidly build a rental porfolio
Purhcase Price is about $55,000 two financing options available:
1. 90% loan which will be at %7.25 interest an...
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Have a property that I am currently interested in but really am not educated in understanding investment properties. Here's the deal:
7 unit building - 3 commercial and 4 apartments
1 commercial unit is occupied and ...
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I'm currently looking into buying my first duplex/triplex to try my hand in rental properties. I'm being overly cautious at this point as I don't want to walk into a nightmare of an experience. This is the first home ...
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I just received my property tax notice for a commercial office/warehouse space I own. Two years in and they county is raising my valuation $30K. I've researched the various protest methods and concluded there's a si...
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I'm doing some trial numbers on an excel spreadsheet just trying to see how a potential deal would look numbers-wise. Everything is making sense except for the cap rate. It's at 0% and all of the expenses are included...
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Manager is new, but competent and do a good job. He’s never managed before. Was my realtor in the deal. I have some properties through various channels but not a huge amount. Going to be closing on a SFH in a ne...
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Interested to hear how many of you handle rent increases. Here is what I do currently. All of my leases are 12 months and are renewed if someone chooses to stay. I contact them 60 days out from the expiration of th...
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A few months ago my tenant's mother expressed her interetst in moving into my unit (I have a duplex) when I informed her that I was looking to move out in a few months. Her lease expired and I agreed she could stay wt...