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This tenant has been late 4-5 times this year. They moved-in 2018. This landlord wants to raise rent to be closer to market rents by another $50. Small increase to most but probably not this one. Keep or not? Why?
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Hey all,It's winter time and the oil is flowing. This gives me plenty of incentive to find a way to cut some of these heating expenses. Most of the time when the topic of submetering heat is brought up the consensus i...
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It seems as if a large number of buy and hold investors try to use the 50% rule for their rental properties. I myself think the rule makes perfect sense and that is what I use also.
I would like to get everyone's o...
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Massachusetts Real Estate Pro’sQ: If I were to have a cash buyer and a property ready to be matched right now and I am the wholesaler, how to I go about signing the contract? What contract is used? Will the selling re...
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“Conservative underwriting is dead.”
Rob Beardsley brings up a great point. It’s extremely difficult to be an active real estate investor in this market if you are using extremely conservative underwriting technique...
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Hey guys,
we bought a 4-plex a year ago for a good price, but it needs upgrades. We are installing 5 new water heaters (6500$), and also wanted to upgrade electrical since it's only 30 amps (built in 1950).
Property i...
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Hey everyone,So I just sent my first round of 1000 post cards out and they should be hitting mailboxes today. Im posting to share my experience and will keep you all updated.Taking ActionKevin Carbon
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Just trying to educate myself. I understand the chain of title is issued by the title company to the lender. Is this a document that they create showing the history of the property? What exactly is chain of title doc?
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Dear communityAfter almost 6 years being a landlord I am facing for the first time a tenant that is not paying the rent and not responding to phone call, text message and even a letter placed at his door.I have writte...
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Hello,
May I please get some feedback ?
I am in the process of forming my LLC in order to buy and flip homes and I had a few questions and concerns.
1) If you could go back and rename your current LLC in which yo...