First time investor. My goal is cash flow. In Brandon Turners real estate book he said we should aim for deals that are 80% of asking and making a minimum of $200 per unit in cash flow after all expenses. In the inspe...
Hi everyone I just purchased my first triplex in Ohio, I'm needing to find out if I can collect past due rents since I just acquired the property Feb 1st. Two of the three are behind. In addition where to find new lea...
Water heater in rental went out. Need to install new one, pull permit and bring connections up to code. New water heaters are too large to fit in closet where tank is stored. Will take several days to complete install...
Hi BP, I've saved $60K for a down payment for a duplex/triplex, that I'd live in. I'm looking at properties in my current location of Westchester, NY however the high prices and property taxes are a turnoff (should th...
I found a good multi family deal in Fort Lauderdale. But, I am bidding against cash buyers.My problem is, I found a great lender who will finance the project for 3.375%! my credit score is very high. That’s great, b...
Where can we get the going cap rate in an area? Some areas multifamily properties are selling for 8 cap, while somewhere else may just be around a 5.... how do we know what the market cap rate is in any given market??
I recently rehabbed a property that is on the market. I've been having issues getting qualified buyers.. have had 3 full price offers, but they couldn't secure financing.
I had a woman that walked through the home...
Honchariw v. FJM Priv. Mortg. Fund, LLC, 2022 WL 4544812 (Cal. Ct. App. Sept. 29, 2022)
I thought I'd post a link to this recent CA decision. While it was decided by a CA court I wouldn't be surprised if the rationa...
"Get started without using your money" is not completely true and can be misleading. If someone is starting this business and cant even afford marketing, it will be difficult as with any business, you must market your...
I have a section 8 tenant that is on a month to month. An absolute nightmare of a person. I gave her 60 days notice, and now four days before the end of those 60 days she (via her case manager at the housing authori...