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Hey guys,So here's another success story from me. Last September, my partner and me bought an 8-plex for 660k with 52k in annual gross revenue. Market value for the property was appraised at 905k and economic value (b...
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I am hoping I can get the answer to this practical question. Yes, I know “if you can conceive it you can achieve it” and “always think positive.” I believe that and I get it. I want to know how many of you are actu...
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Most of my rental properties are duplex and fourplexes. Sometimes they come where there's only one house account for the whole thing. On my biggest one I'm having Iowa Solar install solar on it. What's your experience...
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California recently signed a mandate requiring most new homes in the state to include solar panels after 2020. California is the first state to do so, but it likely won't be the last, with New Jersey and Minnesota pur...
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What would you do in this situation: tenant is getting her rent subsidized through an agency (like section 8), her portion is 400/month. The agency pays 800/month. She missed her portion for 2 months so she owes me 8...
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I've got a deal that looks too good to be true, but I can't find anything wrong with it. Can someone, or several someones look it over for me?It's 10 Units near SLC, Utah.Purchase Price - $400,000 No special termsGro...
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Curious what others think of this new pro-renter ordinance approved in Seattle. Would this make you think twice before investing in Seattle RE?In a nutshell, this ordinance aims to ban "discrimination by landlords a...
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Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...
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I have to say, my insurance is becoming very difficult to manage.Down here in Florida, because of hurricane threats, we have to carry, for a rental property, a dwelling policy, a windstorm policy and a flood policy. ...