Hey folks,I am hoping the community can provide some insight on the best (most accurate) way of estimating expenses (excluding mortgage payments) on rental property. I am aware of two methods for estimating expenses: ...

This is my first rental home. The last tenants of the property had to leave after there lease was up. But long story short they had 3 storage buildings on property which I allowed. 2 of which were repossessed before t...

An associate of mine has a deal on the table and I would like to get your opinion. It is an acquisition of a 400+ unit complex. The mortgage is a Fannie Mae assumable mortgage. There is a pre-payment penalty on the mo...

Hello Everyone,My name is Greg and I am a new investor starting out in the Metro Detroit area. I plan to focus on buying and holding SFHs and MFHs in my area and subsequently renting them out. Real estate investing ha...

Hi everyone I’m really new in REI but I do Owens 2 single family property in Detroit, after long thinking I dictated to start fresh in new market. The goal - buy and hold.What market do you think is the best right now...

Hi everyone,My husband and I are currently filling out the lease for our first rental and we’re looking for guidance on how much personal property insurance our tenant should have as we need to note that requirement i...

Hi everyone, My management company contracts vendors for basic repairs to cosmetic upgrades etc for properties that we manage.  What kind of limits should we require all of our contractors to carry in terms of General...

just wondering if foreclosure auctions are cash only or is it possible to finance? if so, what kind of financing program would be needed?...would a conventional 30yr fixed work even though you normally have to get an ...

In your experience/thoughts - At what number of properties do you/have you find/found a portfolio lender? 4, 6, 10? Thanks!

I am looking to purchase residential properties in South-East Florida where the vendor will take back a mortgage for at least 70% of the value. My main motivation is the ROI: My target is to get more than 20% net-of...