I just acquired a 4-plex today. I currently have 18 units, and will have another 4 here within the month. As crazy as it might seem to many, I self manage from out of state. I have a reliable maintenance team and l...
This would be my 1st multi unit deal.
I put a post on Craigslist to find an off market deal and was contacted by a guy with a 15 unit for sale. I did a small walk through and have a general idea of the condition of...
My 100th post! Not the biggest success story, but my latest problem solved. (Big Announcement at the end!)Here is the story of how I turned a broken lease into a $300/month rent increase. It really isn't that hard, I ...
Northeast LA(NELA)/ Downtown vs Inglewood/South Bay --as far as "gentrification areas" within LA County. Are you guys hotter on the Inglewood area or Northeast LA/ Downtown Los Angeles?Inglewood is closer to the beac...
One of our users, buyandselllv, posed the question:
Where to invest next?
He was interested in finding out about good areas to look at to find rental property. I realize it is a broad question, but wanted to re-pos...
Apparently, enough people are concerned about the price of oil that it has affected Houston’s ranking according to the Urban Land Institute. Realistically, as an investor, you always have to be cautious about what pr...
Personally, I think the smartest person in the room, is the notes investor. Why? Deals need money, money needs security, and security needs yield. Within the activity of real estate for the purposes of ROI I would muc...
First off definitely want to wish everyone good health during this tough time. With the current crisis going on alot of people will look to get ride of their properties to get much needed cash. But my question is are ...
Last week I pulled the plug on the purchase of a fourplex during inspection because the numbers weren't going to work out if the RE market dropped much and the property needed rehab the owner didn't want to deduct for...
Hello all. I have a question my fiancé and I have been mulling for a few months. We want to get married but neither of us are so enamored with the idea that we're willing to take a huge tax hit over it. But we just ar...