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Hey everyone, just thought I would run this by you guys and see what your thoughts are. I came across a foreclosure that was on the market for $35K. It was a 1999 28x60 on a basement and 1 acre of land in the city s...
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I inherited a tenant when purchasing a 4-plex. He has been a problem from day 1 - 4 people living in a 1 bedroom, extremely dirty, does not meet scheduled maintenance appointments, infested with cockroaches, etc. Af...
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I have been battling a groundhog in the backyard of one of my rental properties for quite some time now and I'm running out of things to try (very persistent groundhog...). The fellow lives in a fairly overgrown buff...
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Hey all,Wanted to share my story of my 3rd deal. At the close of the refi it was at 23.5% cash on cash and a 9.4% cap rate in a market where comparable multifam is trading closer to ~5.3%.I'd done two others (maybe fo...
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Well, hello there. It's been some time since I've been actively posting, so I thought I'd drop-in and update y'all on my experiences over the last two years.First, man I'm exhausted. But also exhilarated! Seeing the c...
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This is something new to me... My house flip has been on the market for a new weeks now. My wife was browsing the local Facebook Marketplace page and found our exact house, using our exact photos, listed for rent by s...
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Ok, this is less of a question and more of an opportunity to learn from my mistake. In my lack of concern because they all had leases and we were paying cash (no bank requirement), I didn’t require an estoppel certif...
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On several other re forums this has been a topic of great debate. There's several "gurus" who claim investing in rentals in dumb. Feedback on this please. Why or why not invest in rentals. Aren't they a great replacem...
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Read an interesting article recently about viewing paying PMI and viewing it as an interest expense on a diminishing principal amount (as you make monthly mortgage payments and pay down principal and your PMI s...
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The offer on our first investment property was accepted today, time to start thinking like a property manager! Its an older 3 unit property with tenants in the first two units and the third is partially remodeled/demo...