Hello -So my monthly income vs. expense worksheet looks like this on a 6-unit rental property. Income: $8200 (full occupancy)Expenses: $2910 (includes 10% for vacancy & 10% repairs, utilities, trash...
Hi all,
I am a newbie investor myself, and wanted to start a conversation to hear about others in my type of situation (which I could imagine there are quite a few out there) I just wanted to use this as an opportun...
Good Morning Everyone!In 2020 my wife and I Purchased a 2 family house in Massachusetts for 380k and the interest rate is 2.75%(FHA Loan). If I knew what I knew now i would've not went with FHA due to always having PM...
F.I. R. E. ( Financial Independence Retire Early - My Journey to Financial Independencegood morning, I am a new investor trying a different way of achieving FI... Is there anyone here that has any information on purch...
So, it finally happened. After almost 8 months of harmony I have my two tenants in the lower units not getting along.
A very peaceful family in the unit that boarders the laundry room are complaining of late ...
Good morning all,I am looking for some clarity on the process of doing a seller financing deal on a property southern Maine. I am currently in a verbal negotiation with the seller but if things progress I would like t...
We sent the notice to pay or quit, and we are ready now to start the eviction process, but we just received an email this morning from our tenant saying something like "we can pay some tomorrow and the rest on Friday"...
I am developing my business plan for buying and holding. I was talking out some ideas with another investor, and she said you should never pay off your properties, and never pay all cash.
It seems to me that if you d...
Hello,My tenant got himself a treadmill without taking my permission and he lives right above my top floor and it’s been creating us a lot of my annoyance as he rides it during odd times. When the tenant vacates can ...
I just leased a duplex to a boyfriend girlfriend and two of their kids. The tenant is now asking for their security back because they claim someone tried to break into their house. Something is not adding up because...