When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
I've come a pretty far way in my investment journey, having acquired 400+ units in the last two years. When I was first delving into this business, I was afraid that I knew nothing, and that I would lose money. And ...
As an experienced real estate investor and now also a private lender, I often get asked the question: "If I am a newbie and lenders don't want to lend to newbies, how can I get money for my first deal?"
Looki...
I live in Los Angeles and completely priced of this market. I'm having a hard time finding a good out of state location. My friend lives in AZ and suggested Downtown Phoenix. She said there are several districts there...
I was all set to make an offer on a 8 unit(4 modular duplexes) last Monday 'til I found out there was a sex offender in one of the units Sunday night. I looked up his court case and found out it was for 4-5 years of ...
This is more of a vent than anything.
So the first month with a new tenant has come around and I still have no rent payment. We set it so it was due on the 5th and late by the 10th; The renter wanted to pay r...
Hey Guys -I was hoping for your feedback on a process question we've been pondering.What decisions do you believe an individual needs to make in order to close their first deal?I'd love to hear your thoughts on those ...
So I have shown this apartment more than 12 times and still don't have a renter.
One family said they wanted it but didn't make their appointment to give me a security deposit so I called them and they said t...
It seems that most realtors/ agents I've worked with avoid submitting offers below market value even when the comps prove why I'm offering a certain amount. According to California law, aren't all realtors/ agents sup...
Basically I've posted a late notice on a tenant door. It pretty much stated May 15, 2017 which is today is her deadline and 19th is when the court precedings will begin. I text you this am and reminded her of the late...