So I am currently in the process of re-renting a property, one of my potential applicants is a couple who run a day care out of their house. They are licensed with the state and have been for 4 years, they have provid...

Hello everyone,I know this is the all too common question that depends on one's strategy and tolerance for risk but I am still uncertain about which way to go forward.  I have a townhouse that is cash flowing and I ha...

I have a property management property set up to call me tomorrow to discuss taking over the day to day management.  I have 8 units currently.  7 are rented and the 8th was bought last month and it should be completed ...

Hi everyone,I will be closing on my first rental property in December (yay!) - It is a 3x2 side by side in a quiet family neighborhood.The seller will be leaving just 1 fridge and 1 stove so I will need to buy applian...

Question about property management fees. I pay 9% of the gross rents collected to my property manager. They are now charging me $30 per house to go through and do an "inspection" on the property. The $30 is the fee...

What are you thoughts on buying properties with high HOA and renting them out. Any success stories with good cash flow? I live in SoCal and HOA in some areas is upwards of 500 per month. I want to buy a small multi fa...

Does anyone have experience with turning a basement into a rental unit? What are the challenges/obstacles in doing so?My current situation is that I have a seller who countered me and the price they are asking would m...

I have 4 plex in which I pay heat. gas. The 4 units have digital thermostats that are capped to 72F.

Is this legal? Does anyone know what the minimum cap is? especially in Minnesota? I'm searching online and ...

Hi BP,So I am planning on house hacking a triplex for my first buy and hold investment property. I am using an FHA loan and the mortgage amount is going to end up somewhere around 120k. My lender is giving me the choi...

SFH that is a potential deal.....

Purchase Price - $75,000
Gross Rents - $995
Debt: (30 yr 7% $75,000) - $498
Operating Expenses-$498

$995-$498-$498= Break Even

Putting 20% down....

Purchase Price - $75,000
Gross ...