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Is it okay to ask a potential renter about specific issues on their credit report? I am new to long-term renting and want to make sure I do not get into any legal hot water.
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Hello fellow investors!
I am 30yo, single rookie who really wants to invest in RE.
I'm located in Calgary, Canada, immigrant from Europe. I've always known I want to work in real estate, own rental properties to b...
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I am looking at a 59 unit complex it was built in the 70's and it is in good shapeit is a class c complex I am talking to the bank (conventional comm. loan) he willgive is a 15year amortized loan with a 3 to 5 year ca...
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I have put in offers on two properties to 1031 exchange with the sale of my occupied single-family property. I have a sale clause in the lease and have asked the tenants to vacate before I list the property. The tenan...
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Rent totals annualized $44,250Expenses Annualized $18,968NOI $25,281Asking is $350,000 (5 units) all 1 bedrooms Not much room for value add. Building is solid. 2 units have tenants that have been there 20 plus year...
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Hey guys, what would you do if you had 50 K cash? 1) Pay off your house completely so you would be mortgage free (let’s pretend that’s your mortgage balance)2) Buy a 250k multi family that brings you 1k per month i...
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Let's say I have a goal to generate X amount of monthly cash flow by X year, and I'm trying to figure out different scenarios to get to that goal.Can you recommend any useful tools, spreadsheets, blog posts, or forum ...
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Hi we have been managing 15 + rental properties (SFR) and been to eviction courts numerous times, but have never been successful to collect unpaid rents.I understand following ways exist to collect unpaid rents.1. Get...
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Hey all, have been lurking on the forums for a while and reading about all of your RE journeys. I have no RE investing experience and my investments to date have been in equities.I am currently torn on what to do with...
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Hi all! We are looking at our first deal and currently have one thing stopping us. Enough capital! We have a well reviewed local HML that wants to work with us, but being that we are new they want more down than we cu...