Noor B.
questions about 7 unit mulitfamily in CT
Hi,
We are in the process of looking for our first deal in the CT area, and I came across this property on craigs list:
asking price: $229,000 7 unit victorian built in 1880, in broad bank, CT (small ...
David H.
Who can cash out on 15 properties?
I called my mortgage loan officer yesterday to discuss lending options for my many properties in LA. I'm looking to grow my business, and I wanted to borrow using my rental homes as collateral. I have zero debt.She ...
James H.
Contractors Run After W-9 Requested
We used to do all of the unskilled labor, plus a few skilled things, ourselves. But, we have come to a point where we have to start hiring things out.A few weeks ago, we had a painter paint a property. He did a wond...
John Lamb
Tenants pet died - reduce the rent?
One of my tenants signed a year lease and she agreed to pay a little more in rent since she had a cat. A few months into the lease, she notified me that her cat died. Am I obligated to lower the rent since she no long...
Shawn Nguyen
My brother and I made almost $42,000 on first flip!
Hi everyone,
My brother and I just made $42,000 on our first flip. Our business is slow, so we decided to flip house. My original plan was to buy a fourplex and invest in it, but the price was just ridiculously high...
Leland F.
Airbnb hosting in Washington, DC?
So I recently purchased a studio condo unit. The unit is quite small (327 sq/ft) but it's in a pretty hopping part of town being close to U and 14th St.I didn't pay too much down, meaning the mortgage payments make it...
Eddie Wright
Evaluating townhomes and condos with HOAs when running numbers
Hello everyone!I just moved to Miami just under a month ago, and I'm currently living in Miami Beach (renting). I'm looking to buy my first property using conventional financing (have VA loan as an option or would be ...
Arnie Guida
Electrical Ghosts
Our 4 family is haunted.
Every time we change tenants and that unit sits vacant for any amount of time, the bathroom, kitchen and bedrooms lose electricity, only the living room has power. It's 60 amp service with sc...
Robert McConnell
Puerto Rico vacation rental markets
Greetings,My wife and I are considering investing in a vacation rental in Puerto Rico once the dust settles down there. We have only visited once but loved the island and the people. I think there is some real upside ...
Danny Jimenez
Tenant / Owner Expenses Split?
Hello all! For anyone in the Cleveland Ohio area, what typically is normal in that area in terms of who pays the water/sewer, electricity, gas, & garbage?Looking at small multifamily deals in the area and was curi...