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I am purchasing a property (4-plex) roughly ~1.5 hours away that I want to hire a PM for. I have interviewed a few, and have found my own realtor and a professional company as the most responsive and with the most ast...
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I am just starting out in my real estate career and would need financial help with regard to purchasing an 11 unit fully rented apartment building. I have spoken to the agent who is assisting the buyer with the sale a...
Hello all! Thank you for this great resource. We are fairly new to the REI game, but we have a question regarding a tenant that would like to purchase the property they are currently renting. It is a SFR in Pennsyl...
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I have a condo i bought about 8 years ago. I lived in it the first 2 years then had to move for work. I rented it out to a friend and have hardly made any profit after hoa and mortgage. It's worth about $150,000 more ...
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"The Adventures of Calculating Actual Cash Flow on a Rental Property"
Are you ready to become a landlord, but have no idea how to calculate your actual cash flow? Fear not, dear reader, for I am here to guide you on ...
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Hi-First time tenant turnover for this landlord . . . would like some feedback on security deposit use questions.We have a lease rider attached with costs spelled out for certain things that need repaired, replaced, o...
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Hello Folks: I am trying to make a checklist in which I want to include almost all the points to be considered in buying a Multifamily or an Apartment complex of 40 or more units. This checklist can anyone use to quic...
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Hi, I am renting out a 2 bedroom apartment for $1,200 I had two people looking at it, one person was an older mother not working with her daughter working that makes three times the rent net, but she does not have now...
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We're exploring ways for my spouse (who does not have a full time job, but works 25 hours/week outside real estate) to qualify as a real estate professional as we build our short term rental portfolio. Curious if anyo...
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Thank you all for a wealth of information on here. My question comes in regards to the closing costs. Everywhere I read it’s from 2-5%, but my lender , 30 yr conventional , investment property , has closing costs out...