Ralph Stowe
Converting an old assisting Living facility to a 16 plex?
I took a detour to work this morning and rolled past an old run down building for sale and figured, "Hey, that could be a cool 16 plex!" I found out through my realtor friend, it was once valued at $1.1 million, it ...
Adam Stanton
First buy and hold purchase
I have a 3/1 cape style in Richmond Va that I think may be a good buy.Asking 65k, but I talked them down to 55k.Rent in the area, according to CL and rent range is about 775 - 825. Renter pays gas and electric, I pay...
Jessica Hicks
Identifying markets to build Adult Family Homes
Hello, I’m a new investor and have been searching for an investing strategy that is fairly recession proof. One of my friends invests in Adult Family Homes. I like the idea of this niche seeing as how baby boomers wil...
R.J. Petrillo
A Luxury Townhouse on Long Island in a sorta house hack.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $345,000
Cash invested: $69,000
Fiance & I are looking for a place to move into before the wedding, but didn't ...
Alaas Amour
Need your advise on this MF deal
I'm considering purchasing an 8-unit multifamily property in , PA, listed for $600,000. The property has 8 units . All units are currently leased, generating a monthly gross income of $7,200 ($900 per unit). The prope...
Lee Israelsen
Duplex purchase YES or NO?
I am looking to purchase a Duplex in Springfield MO. It is a really good area for a decent price. My plan is to live in one side and rent the other. Rents in the area are $650 for this type of unit. Both are 2 bed &am...
Chris C.
Rental Management: Increasing Rent
We just hit 6 months with our first tenant in a 1 year contract. Most likely she will renew.2 questions:1. How do I decide how much to increase rent by? Our rental is in a great location and I want to make more profit...
Scott Kronzek
Looking to buy my first rental
I'm looking in Baltimore for my first rental property. Can you seasoned guys look at this and tell me your general thoughts?https://www.redfin.com/MD/Baltimore/1524-Byrd-St-2...I think it rents for somewhere around 22...
Carlos Chavez
First Investment Property
Hi,looking at a property at 60K, rent should run at about $700 a month. The property has tenants that have been ling there for 8 eight years, and they're looking to stay, although the rent they're paying is $550. If I...
Jameson Drew
My first multi-unit
Property located in Muncie, IN. Local bank owned the note and just wanted it gone from their portfolio for $6900. Too good to pass up. Got on a plane to Indiana to check it out.Property had sat empty over a very co...