I'm looking for creative exit strategies for buying properties cash.This is what I understand. Please correct me if I'm wrong. When purchasing a turn key property cash at a discount I could cash out refi after seasoni...
I am hoping I can get a little help as this is my first investment property. My current tenant is up for a lease renewal soon. My property manager sent me an e-mail asking if I would like to renew for month-to-month, ...
Hi all,
Trying to slowly build our buy and hold portfolio in Buffalo NY to eventually allow rental cash flow to replace my W2 salary. Right now I own 2 duplexes. One was a personal residence that we bought about 10 y...
This will be my first multifamily investment. I am looking to be a buy & hold investor. I am in negotiations with the owner of a 13 unit apartment 1 block from the beach. The purchase price is $750k.Gross Annual R...
My tenant's lease expires May 31st and when I asked them about renewing they informed me that the father had lost his job. They are asking to do month to month until he finds another job.
What would you do in...
My wife and I are getting ready to close on a 3 unit rental property in a suburb of Buffalo NY. All three units are currently occupied, 2 of them are month to month and one is currently on a 1 year lease. All three ...
My tenants (12 guys- a Sober Living home) told me rats were in the garage...where they keep 5 fridges. On inspection, I saw there was a lot of food dribbles and spills from the fridges and the outer door was left open...
Hey everyone, first time poster from Wichita KS. I'm 22, looking at buying a first house. I don't have any prospective homes in mind yet, I'm curious to know what you think I'd qualify for.
The Question:If I went to ...
I have a SFR that was my primary residence until I moved out of the state. It has been a good rental for last 4 years, but I need advice what to do with it. I have about $30K equity in the SFR if I sold it now.. I...
My friend Ted will receive a house as his uncle is passing away soon. The house is in North Hollywood Los Angeles County with a $525k reverse mortgage, property valued at $950k. Ted has poor income and 670 FICO and wi...