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When updating a property for a rental, what do you feel is a reasonable time frame to get back your improvement investment.Example:If I have a property that I can rent for $1,000 a month, but by spending a bit more, I...
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In a recently purchased property, I inherited a good tenant who is 1 year into a 5-year lease. She's related to the previous owner, and the monthly rent is probably $200 below-market. I like her as a tenant, and she...
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Looking for advice and expertise! We are getting ready to start the rehab process on an investment property that we plan to use as a Section 8 eligible rental. Our dilemma is this : The house is 53 years old (1971 bui...
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I have a 2/1 rental in a A+ area that easy to rent. It has a simple kitchen that's had a 'lipstick' update but doesn't have any modern amenities (full-size stove, dishwasher and disposal). The cabinets are mixed and d...
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I have a duplex built in 1918. I am considering using it as a short term rental, but am having difficulty finding an insurer who will insure a building with knob and tube wiring. I had an electrician stop by today t...
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I'm selling a home in Philly, PA and the appraisal came back a hundred grand less then the contract price. The place is completely remodeled (tastefully), finished basement with full bath & wet bar, everything ha...
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Alvarado.
Purchase price: $1,050,000
Cash invested: $250,000
Acquired this 15-unit property in 2021 for $1,050,000, ...
I have a rental in California w/ a 2/1 & an ADU on same property.Getting $ 1500mo. For front house & $795 for ADU. Original loan is owner finance210k bal. @5.25% got a Heloc for 65k to add 1bd. & 1ba. To f...
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As a property investor or manager, it's crucial to grasp the concept of capital expenditures (CapEx) in multi-family properties. CapEx refers to significant investments made to maintain, improve, or upgrade a property...