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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $287,000
Cash invested: $18,000
Fourplex built in the 1960's. Four identical units, 600 sf each. All 2 bedro...
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Hi
I sent a letter 60 days before lease renewal stating "tenant will pay all utilities" starting new lease agreement.
I get a text today after dropping of new agreement asking if I was raising rent. Long story s...
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Good morning from NY;My scenario for the day is this : I have been speaking with a highly motivated seller. We had an great connection from the start, we like each other, and he needs help right now. He owns 2 homes t...
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Hi folks. I've been listening to podcast over the last year and reading to prepare myself for crossing over the line to real estate investing. In Ontario, I find it hard to find properties that will cash flow at the 1...
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Hello guys, Working with an investor, who is putting an offer to buy a property that has 4 tenants renting out rooms with no lease, and 1 tenant with month to month lease and 30 days to vacate. This is in New York, an...
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I am a first time home buyer as well as a newbie Buy and Hold REI, so trying to get as much feedback from experienced investors as I can before moving forward. My goal for my first property is to achieve $1000 cashflo...
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Hello seasoned landlords:I am heading into my first tenant transition on my first rental property. The current tenant is in the process of buying a home and expects to close the end of february. Our contract is on a m...
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Greetings,I'm looking at a house selling at 136k. It's owned by a landlord who is occupied by three tenants who are serious on staying/renting. Seller agreed on selling house for 128k. This house is not listed on mar...
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Hi! I'm new to RE and trying to understand how anyone can be successful in Big Bear vacation rentals. It seems the expenses I keep calculating end up always being more than the monthly income. How much is usually spe...
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I was reading an interesting blog
https://www.biggerpockets.com/...
written by Brandon Turner but I did not understand couple of things from this blog which was =
1. How is our loan for $63,500 after paying 20% ...