What is your opinion or experience by starting a tenant with a month-to-month lease instead of a full year term? I have concerns over a tenant prospect and I consider ending a lease and easier option than evicting. Le...
Wondering what thoughts people have on the very different rent stabilization initiatives on the ballot in Minneapolis and St. Paul?
Is anyone else concerned about upcoming inflation with regards to commercial properties? For example, if interest rates substantially increase over the next 5 years, a typical commercial balloon loan may need to be re...
Hi Everyone,
I have a 16 unit apartment complex that I currently owe $490,000 on. I cash flow after all expenses plus 10% Capex, 5% repair and 5% vacancy about $70,000/year. I have an offer to purchase for $1,300,...
Short back story, my brother convinced me to start in real estate in 2020 right after I sold my house. Been looking (1/8 to quartered assed) for a couple years now. This just fell into my lap, by him…..I completely tr...
It has to be said, the majority of investors are slowing down, especially when it comes to acquiring new properties for their investment projects.My question is, what are you waiting for to return to business as usual...
Hello BP! My wife and I will be closing on our very first property next week. It's a 4 plex in the New Orleans (Metairie/Old Jefferson) area that we will be Owner Occupying. Currently all 4 units are rented. 2 are on ...
This is an open-ended question given the differing types of markets and diversity of assets.If you’re raising money from a pool of investors, what is the lowest cash-on-cash acceptable preferred of return that would b...
Hi everyone, I had a friend talk to me the other day. She was saying that her first rental was a house that she and her husband picked up from a neighbor they knew who was moving. But she said it didnt cash flow much...
Hi All,
I recently sold an investment property in CA and am looking to do a 1031 in a landlord friendly state. My criteria is as follows:
1- Primary goal is appreciation over the next 5/6 years, cashflow positive pr...