I found a triplex in a college town that will cash flow great. Viewed the property yesterday and it has a mixture of aluminum and asbestos siding. No idea the age of it. I’ve never dealt with asbestos siding before an...
We had a tenant leave our rental property in May of this year. We received about $5,000 in gross rent. The tenant trashed the property and we had to spend about $8,000 on repairs. Including new paint ($4,400) an...
What's that song.... "Where have all the cowboys gone"..... lol "Where have all the STR's gone" I am in the greater Daytona Beach, Fl. We have a couple markets for STR's. Where else in Florida?
I’m rubbing the magic lamp that is the collective BP genius in the hopes of finding a way to “guarantee” a high enough ARV appraisal to pull my cash out in a 75% LTV BRRRR refi...
Finally closing on a Fourplex in 3 Days!! This site has been an incredible learning experience and helped me pull the trigger!! Two 2/1 bedrooms and 2 Efficiencies. Paid 215k and put 20% down with an owner occupie...
I'm a new investor looking for small multi-family rentals. I'm walking through a duplex next week that looks promising and I want to know what I should be looking for/asking the agent & owner. I know the big thing...
Hello, I'm currently under contract for a two-unit building. It's a worker's cottage style building that is probably between 100-120 years old. The building has a stone foundation that can be accessed from a crawl spa...
Purchasing a $1MM vacation condo and the Seller noticed that we're splitting the hefty $15,000 HOA Transfer Tax 50:50. He wants us to pay for all of it. He just caught this right before the loan docs are being drawn...
Does it make sense to buy an overpriced multifamily residential rental if the rental income can
cover the mortgage payments (inclusive of PITI)?
please be as critical as possible. :D
So basically my question is:
When is a person in the rental a visitor, and when can he be considered a tenant?
My lease says visitors allowed up to 2 weeks. Pretty much standard here, and the same rule is in the statu...