Background: I have been looking into multi-family passive investing. I attended a multi-family seminar in early November, hosted by a guru (he hates the term but I'll call him that here for simplicity) who knows my lo...
I am in desperate need of some advice. I have six properties with 14 units. I have owned them for two years. I own them mainly in the midwest. They are fine when they are rented out. They basically break even. I...
Has anyone used WealthAbility? Worth the money? Did you get good advice? Thoughts? Any other tax strategist referral?
I get hits on the key word San Bernardino about once a day. I cringe any time I see a newbie investor talking about investing there, especially when it comes to multifamily - which I absolutely would not be interested...
I intend to write an offer on a property tomorrow. It's an 8-fam in small midwest town (pop 40k, not warzone). It has been on and off the market for about 1/2 a year, it doesn't seem like there are a lot of buyers fo...
Here's the scenario. One of my tenants has been 2 - 3 weeks late on rent (pays the fee though) ever since she moved in mid-march. In hindsight, I see what I did wrong, but can't change that now.My tenant on the other ...
We are purchasing a 2BR/2BA single family rental in Las Vegas from my family. The current tenant has lived in the house for about 7 years now and have been on a month-to-month agreement since 2012. My family has inc...
I have a tenant in my building that just moved into his unit yesterday after signing the lease agreement and wiring the deposit and first months rent in the amount of $6,000. This morning I received a text from the sa...
So I get a call from one of the brokers I use and he tells me about this ‘great duplex’ foreclosure that started out at $199k, then worked its way down to $149k whereupon an investor bid $85k. Which the bank refu...
Hello all,Well, this is quite a personal dilemma I find myself in. Me and my girlfriend are both new to REI, me as a contractor with a few potential business partners, and her a working mother taking real estate clas...