I live in the Minneapolis area and am looking at purchasing a multifamily home to both live in and rent and ultimately acquire many multifamily rentals. In my area duplexes, and the rarer triplex, are not the norm- si...
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Like many of you, I am use to potential tenants telling me the rent is high and trying to negotiate it down - with many of our international students, this exchange is just part of the process as culturally you haggle...
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Hello All,I have a place I am about to make an offer on in Baltimore, MD. Over the last few months while shopping for a place, I was told I need to put 20% down since this would not be my primary residence. It is too ...
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Hello All!-
What would we list as essential for having a successful residential property management company?
1- E and O Insurance?
2- Property Management Software?
3- CAR forms
4- Trust accounts?
please add, thank you!!
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I'm on my second rental property, but I've always struggle with the background check. It seems that most of the bad applicants won't even fill out the one page background application and return it if they have a ba...
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About a year and a half ago I decided to get my RE license, so I went on line, paid and started to study. But, life got in the way and I almost did not complete it. There was a deadline to completion and I was lazy...
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Hey guys,I was wondering what your experiences and thoughts were regarding renting out a house to college students. This is an area that I believe I could realistically start my real estate investing when I graduate f...
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I am from Central Illinois and have been reading a ton of blogs about self storage success. It’s something I would be interested in trying out, but my question is: how do you determine whether or not a market is too s...
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Bought an out of state property a year ago, 2400 sqft duplex. Inherited the existing tenants. Here was my proforma assuming everything went to plan (which it didn't!)
One tenant stopped paying in May, the other rac...
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Today I went to check out a potential property. Cash flow was going to be around $1100 -$1200. Property was an 8 unit. In the 40 min. that I was there with my agent we witnessed a drug deal going down in the property....