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Recently, our governor posted a 90-day moratorium on residential evictions due to COVID-19. We have had tenants contact us telling us they will not be paying rent due to reduced hours at work. We have also had our o...
Hello,
I am completely under with one of my personal properties and my attorney is saying that shortsaling is my only option. Then I had one of my realtor friends suggest that she have one of her investor fri...
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Right now I am in contract to purchase my 6th rental SFH. I have been putting aside $100/month/property for a while now and have about $10,000 sitting in a cap ex reserves savings account so that I am prepared for th...
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Hi BP!
I’m in the process of selling a property which I lived in for two years when I bought it in 09/15 and then have rented out since 01/18. I currently reside in CA, and the property is located in TX. I am selling...
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I'm a 24 yr old full time college/ working mom looking to begin a career in real estate. I want to conquer flipping houses then eventually move onto buying and selling fixer upper to clients that want a like new home ...
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I see 7-12% fees for property management around here. $1500 month property. $150 at 10% x 12 = $1800 a year
$1800 x 10 properties = $18,000. Someone can manage 10 properties alone but still you are only pulling in $...
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Hi all,
My business partner and I have exhausted our Freddie/Fannie loan capabilities. We both have 10 mortgages in our name. Mainly our portfolio consists of small multifamily properties and we have 30y fixed fina...
I got a chance to manage a 38 units building in exchange of free rent in Calgary, Canada (2 bd apartment that rents out at $1420)
The building is currently making $48k gross rental income per month. When I took over...
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I was wondering what people used as incentives or gifts for their tenants. Do you give them anything to keep them happy, like new doorknobs, or fans or things like that?
What are the best incentives you've used??
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The face value of any given mortgage note hinges upon a few things, but lets consider it's a 1) conforming, 2) performing, and 3) in the green meaning favorable LTV. Now let's assume it's a 15yr conventional mortgage ...