Ryan Weimer
Reviewing Mobile Home Park Financials
I am pursuing a MHP deal and just received the financials of the past year. It is a 10 unit with only 2/120 months vacant in the past year (2 evictions shown in the expenses). Lot rents are $450, and only one of the ...
Joanna Lilly
Accounting software for multiple properties
What is the best accounting software for tracking multiple properties? Is it worth investing in something beyond QuickBooks?
Jean-Baptiste Ramet
Wholesalers in Miami - Same deals?
I have been looking for wholesalers in Miami-Dade and now that I receive their newsletters, I see that they present the same deals?Do they subscribe to the same leads such as probates, divorce or something like that?I...
Nick Longstreet
Can I evict tenants?
Hey everyone.I'm looking to buy a duplex in Knoxville, TN. I'm leaning toward house hacking it and would prefer to get an FHA loan for the lower up front down payment since it will be my primary residence. Both units ...
Ryan Pyle
50% rule is alive and kicking for me
I just finished my 2013 numbers and am once again amazed at the validity of the 50% rule. Here are my numbers for the past several years. The number of units is the average units held throughout the year. To be cle...
Chris Heyman
Multifamily vs. 2 Single Family Homes
Hey All!Long time listener, first time caller... uh poster.If it helps form your opinion, a little background: We currently own a duplex down condo on the Far North side of Chicago, IL that we purchased almost two yea...
Ernie Sturzinger
Is no cash flow okay if I put no money down?
I'm looking for some constructive feedback on whether this makes any sense or not. I am looking to purchase a 12 unit apartment building in Ohio and I am putting no money down out of my pocket. I have done the analys...
William Collins
Thoughts on incorporating heat and hotwater as a profit?
I was discussing with a friend today the potential of incorporating heat and hotwater as a profit generation source. This would of course require 3 base things: 1) efficient utilities- a natural gas hookup in this ...
Gerardo Villarreal
New Investor in Chicago
Hello everyone,I'm relatively new to the game, having purchased one property in Avondale which is in the process of being rehabbed. After this property I'd like to get a property to buy and hold, possibly using the BR...
Dan Bee
VA and Location
Hi all.I'm just starting out in real estate investments. However, what my wife and I have saved up needs to go into something we can live in. I want to be able to use our FHA or VA loan capabilities. I'm taking on a n...