Lincoln Waite
Paying utilities on a Multi-Family and it's eating all of my cash flow. (Iowa)
New investor here. My first property was a multi-family in Iowa. I got it for dirt cheap, and now I see why. The former owner (LLC) was rather lacking on upkeep of the units. And now after a year, the utilities are ea...
Andrew Adam
4-plex, tenants, and partial payments/evictions.
I close on a 4-plex next week. It is fully rented and the expenses are low, and even though the rents are low it is cash flowing nicely. We met with the landlord last week and found out that 2 of the 4 tenants are be...
Stuart Grazier
Best investment strategy for active duty military?
There are so many different ways to invest in real estate, but as an active duty military member I feel there are some that are much more advantageous to pursue than others. I'm curious what others in this forum think...
Ben Morand
Story Time — Your First MHP Deal
Hey guys! So I’ve been interested in MHP investing for quite some time now, and in the light of everything going on, they seem to prove even tougher as an asset class than ever before (in a good way), with massive loa...
Ann Bellamy
Should I advertise a 4 BR rental townhouse as a 3 BR unit or a 4 BR unit?
I'm looking for feedback and opinions:I have just acquired 2 units that are configured as 3-story townhouses 1500 SF each, in a side by side setup with full basements and private fenced yards and private driveways. I...
Peter Cecinini
The limited ways to evict a tenant in New Jersey during Covid
As a general practice real estate attorney and property investor, one of the most commonly asked questions I get is what a landlord's options are to evict a problem tenant during Covid. I hope the following will be he...
Rachel H.
Tenants w/ Multiple Pets
Hi everyone. I have potential tenants who want to rent my house, and they have three dogs and two cats. Yeah, I know that's a LOT of pets. I've had a dog - a small dog - in my house for eight years, and there's been n...
David K.
3 unit 210k analysis
Hey Guys-Let me know your thoughts. 3 unit with with market rents of $2700, higher if a closet is added to on of the rooms which is now used as a double parlor which already has pocket doors in it.Units are in averag...
Kent Lord
*Expenses hurt, *Refi unhelpful.. Personal Tax Returns BRRR
I'll be as clear and quick as I can:
I recently finished renovating a 5 plex and SF house in NE, then subdivided the lot to create two different properties. I then refinanced them with a local bank, success, kind of....
Serena Sun
Early Termination situation
hi everyone,
I have another question today and need your advice.
I have a tenant that he told me two days ago that he needs to terminate his lease early. He has to move back to CA because of job change, and he wil...