Dave Donahue
Purchasing a tenant occupied property
I have a property under contract that is tenant occupied. Their lease is currently month to month and they are paying about 25% under market value. Should/can I require them to complete my tenant screening process i...
Jason Aviles
If you could go back..
As a 19 year old currently enrolled into a community college, my desire to beginning a career in real estate has gradually increased and has even led me to this community. I have looked over possible course to enroll ...
Ramsey Rimkeit
Use of Credit Cards to improve credit score?
I want to understand which percentage of credit usage is best and if it has to remain constantly at that level. It seems no matter what I do, I lose points (not always of course). I was keeping my credit usage below 7...
Chris T.
Property Tax and Rental Rate Increases
Now that Mecklenburg County and the City of Charlotte have announced their proposed new property tax millage rates, how is everyone planning on addressing their rental rates? Will you increase rates to fully capture ...
Sean Skiver
How to help currrent tenants when you puchase a property, and the new rent is to high
Buying units where I am is often owned by older landlords that have left the rent very low. To create cashflow after rehab the rent is increased to market price and that tenant is unable to afford new rent.
I know i...
Account Closed
Referrals for Retaining wall contractor in the Philadelphia PA area
Hi Everyone,I have a property with a retaining wall in desperate need of repair and I need a reliable contractor. The wall supports my property's driveway and is approx. 50 feet long and gradually increases from less ...
Dalton Adams
Long term house hack struck gold!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Palmyra.
Purchase price: $138,000
Cash invested: $18,000
Sale price: $206,000
3 unit multi family. Was a house hack fr...
Janelle Palomino
Bought Rental Property- Raise Rent
My husband and I just bought a duplex, and there are currently tenants living on one side. They were paying month-to-month with the prior owners and currently have no rental agreement. Their rent is very low and we ne...
Dave Schimmels
Investment for beginner
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Piffard.
Purchase price: $85,000
Cash invested: $33,000
Cash flow is after all expenses including vacancy, maintenance, an...
Nathan Holt
Best Methods to raise rent?
I just acquired my first property and will be needing to change the rent. The property is currently occupied for $695 a month, but as a 1,280 sq ft 3 bedroom 1 bath unit, all the comps in the area are at $950 for the ...