Freeman Schultz
Vacant apartment questions
In New York City a common practice among some landlords is what referred to as "warehousing" where they take vacant apartments off the market because it is less profitable to rent them out.Another reason why apartment...
Roy N.
Almost Milwaukee pricing
I went on a road trip today to look at a couple of 5 & 6 unit properties about an hour from me and came home with a duplex. {Well actually, I left the duplex where it has sat for the last 80 years and just brought...
Walter Hammond
How to present offer for MY FIRST DEAL (Multifamily)
I am looking at a 4-plex in Cincinnati, OH. It is an REO, so totally vacant. It is in a good part of town for rentals. 2-2BDRs and 2-1BDR's. There are 2-2car garages, so I can rent the 1BDR's for $500 and the 2BDR'...
Matt Slease
Insurance for rental property
About to close on my first rental property (SFH)! Do I need any special insurance other than homeowner's insurance to cover my rental? Should I look into a separate umbrella policy to protect myself as it will not b...
Account Closed
Do you ever not do a qtr. insp. 4 tenants that don't complain?
I just closed on 4 doors. Two of the tenants seem to be ideal with rent being paid on-time, considering it being put in the mail, etc. Would you ever hold off from doing a tenant inspection save on a potential "outlay...
Account Closed
Should I Make the Repair?
I have a jacuzzi tub and shower in the master bedroom of one of my SFH rentals. I forgot to check the jacuzzi tub before renting it out recently and now the new tenant is asking me to repair the the tub (the shower wo...
Nathan Letourneau
Year end purchase of equipment and tax implications
I am a fix and flip and buy and hold investor. This year my fix and flip income was better than average and will bump my income into the next tax bracket. I am thinking about purchasing a used skid steer and trailer...
Alfred Costanzo
How much money do you need to save up for a house hack???
Hi Everyone,
I am looking to buy a property in the St Pete/Tampa area. I have been looking at mostly 2-4 units I am a newbie and this would be my first real estate purchase.
Price range I am looking at is a $250,000...
Angelo Mart
1st Landlord deal
Looking to move out of my primary residence and utilize it as a rental as the property has good Cash Flow. Should I use a management company to go about finding good qualified tenants? Or should I do the background ch...
Adam McCarty
should this be my first deal?
I am looking at this deal that includes 2 six plexes and 1 five plex. It will be one closing and they all share a parking lot. These are old houses that have been converted into apartments. My biggest question mark...