Joe P.
Tenant conditions - cockroaches
Hi all -- looking for some advice. My tenant has been complaining that there are cockroaches in the unit. When I purchased the property, there weren't any. I do inspections about once a month and this tenant isn't the...
Account Closed
Landlord wanting out of investment, help?
Im not actually the landlord but I was recently speaking with my father in-law who owns a home in Evansville, Indiana. He has been renting it out for the past 10 years, no problems with keeping it filled or anything l...
Joe Colasuonno
Single Family Rentals at 24-32% Cap Rates
I got into real estate investing in 2008-2009 after selling a business I had started in college for about 50k. My father was a builder for 20 years, so I've always been around real estate, but up until then neither he...
Bradley A.
Negotiation: Code-violating seller won't remove tenants
Hi all,Working on a deal and need advice. 1st offer in.Property listed at $665K, offered $500K cash with the contingency that tenants must be removed by closing. Tenants are on month-to-month leases and in our area, y...
Deanna Boss
A Gnawing Problem - Mice but Tenants Refuse Exterminator
I own and manage a duplex built in 1900, old house, tons of holes. The upper unit (floors 2 & 3) is occupied by tenants with a 12-month lease and the lower unit is short term rentals (Airbnb). The upper unit has m...
Eva Morel
First Investment Property
Hey everybody, I have been looking for a multifamily now for several months. My area has been pretty competitive lately. A duplex just came on the market that actually looks like a decent investment. Numbers as follow...
Juan Quezada
Invest in a market that doesn’t appreciate
I live in sacramento ca and am a first time investor. I’m looking in an out of state market where I see good potential cash flow but very low appreciation value. Is it worth investing in a location where cash flow is ...
Tim Kane
Recent Low Appraisals
hey HP,Washington DC, Virginia, Maryland REI here. My fix and flip properties have been appraising consistently low recently. My Renovated properties have been going under contract fast, but when its time for appraisa...
Corey Dutton
Why Are Hard Money Lenders Asking for Credit Reports?
This is what people ask me all the time: Is there any such thing as an asset based lender anymore? These days, most hard money lenders are asking for a credit report and other documentation from borrowers to give them...
Clayton Smith
New Construction BRRR
Just finished up a new construction BRRR and wanted to share with the community. The numbers breakdown is at the end.
Purchase Price : I bought a lot the $20,000
How did you find deal / negotiate: Driving to check ...