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I was discussing these questions with a friend of mine who is about to close on his first property and I thought I'd pass the questions along to the forums:1. If you purchase a property and inherit the tenants, tenant...
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Hi all,Just closed on my first multifamily on Sept 6th. With rent already collected for the month of September, I was expecting 80% of that rent being sent to me (24/30 = 0.8). Having just received that check I come t...
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Looking for advice on generating interest in our rental property. Just informed our tenants of 6 years are moving the end of the month and trying figure out listings and pricing from over 1000 miles away. And advice...
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Hi all,Just moved to Rochelle IL with my wife Cassie, and looking into investing in small multifamily units in the surrounding areas and house hacking in Rochelle. These will be to buy and hold for cash-flow. Three to...
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My husband and I are owner occupying a 4 plex in San Diego CA. 2 units are rented, one is vacant. We moved in 9/1 and gave all tenants 60 days notice. We received September rent from both units, but thus far only rece...
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I am currently building a house on 5 acres. The five acres next to mine is currently up for sale. I know that there is someone else interested in it but I'd really like to buy it to keep from having a house right next...
I went to a seminar over the weekend (a total scam to sell education, not properties) but was intrigued with the concept of Wholesaling. It seems like a quick, brokered deal to me. I have been in sales and marketing f...
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I'm looking into getting my real estate license in Indiana. I am interviewing a brokerage tomorrow and I want to make sure I am prepared with good questions. I graduated college 4 months ago and I started health ins...
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I have a rental property that I have now owned since 2010 that is currently tenant occupied.It is a townhome built in 1986 and its roughly 1300 sqft. My current mortgage balance is a little over $66,000 and my mortg...
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I am interested in buying a property and I can get a note from my brother for the purchase, that he could then sell to get his capital back. I was wondering:1) What are the terms / characteristics that make a note des...