Matt Shamus
How to get a 13% cash on cash return in Stockton
@Billy L. and several others have asked me why I like the Stockton market, so I figured I'd share my perspective on the market and an example of how I achieve a 13% cash on cash return. I'd love to hear your thoughts....
Robert Steele
Buyer demanding mediation over seller disclosure
I sold a house several months ago and now the buyer is getting on my ass about not disclosing that the property had termite damage. I owned the house for less than a year and did not live in it. I could not disclose w...
Kris L.
Trying to understand why house isn't selling well
Hello,I finished up a flip in Dunedin, at 1545 Pasadena Dr and am puzzled why it is struggling to sell. It is only a couple blocks off the water, and the lot backs onto a very nice bike trail, but I am not getting mu...
Patrik Kisucky
How to best leverage my cash from my apartment.
Hey, Bigger Pockets community. Even though I rented two bedroom apartment for the past 6 years, I'd say I'm pretty new to the RE investing, since I used to live in that apartment before, and when we purchased a home w...
Lee Fahy
Fourplex Purchase Questions and Analysis
I'm looking at purchasing a fourplex with the following numbers:Asking: $225,000 (my research indicates he was asking $215,000 for the last two years)Property Tax: $3560 ( non homestead)----Built: 1977Heating: wat...
Clara Tang
Big headache - tenant won't move after lease expired
She told us she would not renew the lease in Jun as she bought a house and would close in July. However, on July 30th, she said her closing date was postponed to Aug 9th and she wanted to stay until Aug 10th.We found...
Kevin Beres
About to make worst decision of my life
In four hours I will be finalizing a purchase of a home that I generally consider the worst decision of my life. I guess the decision is already made since I am going to the closing office to hand over my check. I mad...
Stephanie Smith
MN - how to remove unwanted holdover tenant with covid restrictio
I just purchased a property June 1, 2021. The leases that were signed by tenants and previous owner clearly states they accept that their lease ends when the building is sold and that they will be required to leave th...
Gary Thao
FHA and Cashflow
I am looking at purchasing a fourplex with an FHA loan as my first investment. Fourplexes in my area run for $350k+. I am doing my anlysis right now on several and don't see how purchasing a fourplex can cashflow (oth...
Tom McDermott
Denver market softening?
A multifamily apartment building in the Denver, CO area had a price drop. While I have only been tracking the market since the beginning of the year, this was the first property I have seen a price drop on. Is this ...