We are in contract to purchase a 3 family in a "class C" area and it's in need of total rehab. The current heating situation is separate forced hot air duct runs to 1st and 2nd floor units, the 3rd floor is ducted off...

Hi! I'm debating on how much to update before trying to rent. I "think" I can get $2700-$2900 for monthly rent (if I'm off I'm open to suggestions PLEASE!) Will it still rent when the interior is in original 70s condi...

I would like to hear from other landlords on how they have handled PIA tenants.The tenants moved in only 2 weeks after the lease began as they had time left in their old place. They came down to tour the house before ...

My husband and I want to purchase a 2nd rental property. We have been listening to the podcast and reading the books. It seems like the advice when running the calculators is to budget $100 per unit each for cap ex, m...

I'm looking at a single family house that will rent for $550 per month. House is listed at $25,000. 3 bed 1.5 bath 1300 sq. ft.

If I pay the asking price and get a 30 year fixed @ 7% with 20% down, I'm looking at a...

I've started trying to value multifamily deals, but having some difficulty knowing what is reasonable to estimate for maintenance (i.e. repairs and capital expenses).  Does anyone in the LA area have a general "rule o...

Hi All, I am doing huge demo and remodel on my house and we are replacing everything. From the kitchen cabinets, windows, toilets, faucets, appliances, lights, ceiling fans, marble counter-tops, doors etc. I had an id...

Well its already cold here in Michigan.  I always cringe when the phone rings hoping it is not a tenant saying their furnace won't start.  I get mail from furnace companies offering one time payments for a certain num...

I am trying to decide if I should keep renting a home or if I should sell it and invest the equity.Below are basic facts and then concerns I have.3 Bed 2 bath rancher with one car garageFenced in backyardBuild in 1997...

Hi everybody,I wanted to provide the forums with some general information pertaining to an apartment complex + 1 house I'm considering purchasing. Each of you can do your own math and figure up what your offer would b...