I'm taking over for my brother-in-law managing his triplex in Chicago. He was paying a guy across the street $75/month to shovel snow, mow the lawn, and pick up trash around the building. The guy was just stabbed to d...
Hi! I am looking for an affordable property management software that will also help me manage loans made to others. I have a few owner financed real estate deals I’d like to track efficiently while also managing ren...
I am fairly new to real estate investing and I want to do Tax planning. I am listening to Tom Wheelwright's book Tax free Wealth. He suggests to seek counsel from a tax advisor, but I feel like my usual experience wit...
Hi here for some help. Im looking at a portfolio with 12 units for sale, all in long term lease. Question on the loan i need to look into, a commercial loan, blanket loan or portfolio loan ? I honestly don't know wher...
Hey Everyone,
Quick question for the masses. Anyone know if this 6-month "seasoning" process for a cash out refi on a 1-unit investment property is a fannie/freddie mandate, and if not, can anyone refer me to a lende...
Hello,Greetings! I presently have a few multifamily properties in Philly. I have been with a property mgmt. company for the last 6+ years and thinking of managing on my own. The people are nice, competent, but the cos...
Hello Everyone,I've had a few interesting conversations with investors and real estate agents this week, and it got me thinking more about the relationship between property managers and their clients. In your experien...
We're new to Texas and not sure if the same lending practices hold true for all states? We're wanting to buy an owner-occupied duplex or 4 plex. Would we be able to use an FHA loan for that? In Texas, is it require...
We have a great grad student renting our 2 bedroom duplex. He didn't meet the income requirement so his parent's co-signed. Now he'd like to find a roommate to share the costs. I understand the new tenant would need t...
I thought I would toss out a scenario and see what creative solutions folks suggest that might offer the best value to a potential seller. Let's assume the seller owns a single family house that they have fully depre...