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What is considered a good net profit when you sell a property? I know that it can depend on many factors like how much you invest from a dollar perspective, percentage perspective, and time. If you purchase for $1M a...
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So My wife and I live in NH and just closed on our first multi family. One of our tenants is for lack of better words, a hoarder and the unit is not clean at all and filled with stuff. Not to mention they have been sm...
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I am a real estate broker in CA and have been investing in residential RE for over two decades. Bought and sold a couple of dozen properties over the years using my own real estate license. Now I am planning to buy a ...
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I am new to the short term rental market and just purchased our first a couple months ago. It's up on the usual sites for rent and it's doing well. My question is, what is the standard rule of thumb about requiring ...
Need some advice on how to handle a tricky situation. This year I took over managing a few rental properties for my elderly aunt. She has a 4plex (all 2 bed, 1 bath) in the SF bay area that she's owned since the 70's....
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The rental property has a huge back yard and the tenant has asked to install a storage shed.
I'm considering adding a Lease amendment with the following conditions.
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Tenant is allowed to install a s...
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I am currently in a situation where my last refinance put me in a position where I have $10,000 in leftover capital and was able to purchase (3) properties in cash (i.e. that I plan to borrow against for future acquis...
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Is all my Illinois, Cook County, landlords/sellers of real estate aware of the new Amendment? Just Housing Amendment went into effect on January 1, 2020 with a delayed enforcement until February 1, 2020. Taken from th...
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We purchased a 12-unit apartment complex in a town with around 4,000 people. This is the cheapest rent in town and the existing tenants were paying between 450-500. We've raised rents 10-12% and are rehabing units tha...
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A tenant with an existing lease has approached me requesting to have an additional person move in and live in his two bedroom apartment. I pay for water and heat so I said that I would agree to it provided I get an a...