Chris May
Why do interest rates go up for more units? Seems irrelevant.
I'm trying to buy a 2-4 unit property for 1.0-1.2M. I've been approved by my lender, but at rates of 4.25% for a duplex, 4.375% for a triplex, and 4.5% for 4 units. Why does the interest rate go up? I suppose I could ...
Kevin Breslin
Tennant Paid Late Fees Without 3 Day Notice
A tenant paid the late fee even thought I didn't send a three day notice. Can that come back to bite me? They are frequently late and sometimes tell me they are going to be late and I waved the fee but I charged the f...
V Krishna
Insurance for Rental Property on LLC with 3 Members
Hello - I bought a rental property (single family home) on my name and would like to transfer it to an LLC with 3 Members. This is in the state of Texas. The members are myself, my own brother and a best friend. The i...
Jordan Becker
Property Manager as "Additional Insured"?
Is it reasonable for a property manager to insist in their contract on being added as an "additional insured" on a landlord's property insurance policy? This relates to small multifamily investing.
Doug Fluckiger
Finding MTR tenants
Our plan starting out was to do MTRs exclusively for all the reasons everyone does. The problem is consistently finding tenants. FurnishedFinder gave us exactly one tenant for <30 days and it was a mess (collecting...
Dan Grossman
How to partner with a cousin who has $200K+ in his IRA?
My situation:I have a cousin who has been a teacher in Northern California for more than 25 years and has a 401k worth more than $200K. We get along great and after reading about self directed IRAs I was thinking we ...
Dani U.
Door knobs/handles and locks
Hello! I have 2 questions:1.) I have door knobs throughout the house, would putting door levers on the master bedroom's double doors look odd? It would the same brushed satin nickel finish. I think the door levers wou...
Joseph Cox
Joint VA Loan to buy Commercial Property
Im really curious is it possible for four service members to put their Va loan together to purchase multi Family units ? from my understanding you can purchase up to a 4 unit with one VA loan if you can do a Joint VA...
Corey King
Newbie from Orange County, CA
Hi! My name is Corey and I am a newbie real estate investor. I am currently on my 3rd flip (began flipping this year). I live in Orange County, CA, where I am the primary doctor in an Integrative medical clinic. I...
Todor Ialamov
4 Units South Lawrence
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $495,000
Cash invested: $123,750
This property consists a 3 family main building that initially had 1 four b...