I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
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Good evening folks,I've been wondering around this lately and decided to come to where the expert live.I have a rental property that used to be my primary home until a year ago(Miami, FL). We bought it in 2010 and pr...
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Bear with me. These things are always a bit complicated. Our rental is a triplex in California. We had a new tenant move into the middle unit about a month ago. Tenants on either side have lived there for 7+ years. Te...
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Hello All,I just received applications for our first tenants ever. They have passed all of our screens (criminal, credit, etc) and in general, I feel good about it. But there are some quirks:• It is 4 people total. A ...
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Today we entered into a contract to buy a 3 bed 2 bath House in Kansas City Mo for $145k. The house will rent for $1500 to $1700 per month.I’m teaching my daughter how to create a monthly budget and will set up a sepa...
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I got renewal quotes on 2 of my investment properties in Tampa this week. Last year I paid $1475 in premiums for the 2 houses combined, but the quotes this year came in at about $2200. That's about a 40% YoY increase!...
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I am looking at SFR properties to buy in Woodland Hills, Tarzana, Encino, Hidden Hills... You can buy a nice 3BR/2BA or even bigger, remodeled with pool, in the range of 600-800. Which is hardly their 2007 pre-crash p...
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Having some trouble finding a lot of quality info on the business side of getting started. Do most of you have an LLC or something similar to conduct the business? Is that the right move? Tips and advice on what qu...
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I own 2 STR in Big Bear and manage / Co-host 10 others. Now looking into Joshua Tree. I know many buy in Yucca and still do well on AirBnB / Short Term - but is it better to be in JT proper? Does walking distance to ...
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Might be a little long winded but I don’t really know who else to ask and there seems to be a lot of knowledgeable individuals on here. Anyways, I’m looking for someone to tell me if my strategy is flawed, sound or co...