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Oh yes, it happened. This "out-of-state only, I only want cash flow, and I never want to landlord" investor just bought a negative cash flow property in Los Angeles (Venice) and I'm now a landlord.You've heard me talk...
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Hey there!
I have been using the vinyl plank flooring for the last few rentals we picked up, but I got one now where we are a little lighter on budget and so I was thinking of going with carpet, Home Depot has free i...
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Hello Everyone!As the market continues to make it more difficult to find cash flowing investments, I have found myself wondering how people are viewing investing in Multi-Family student rentals? Around the Western Pen...
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Many disabled senior tenants who are on a fixed income and who have been residing in the complex of 16 units from 3 to 20 years month to month. Owner is aware of the disabled and senior tenants . He has never raise...
Saw this news today and decided to share it on here. The story is still developing but I think those who seek to do wraps, especially folks in the state of Texas, since that is where this is, should pay attention to ...
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Hi all.I'm in the process of closing on my third duplex! The great part for me is that it's on the same street and is the same floor plan as my second duplex. I was able to rehab a vacant side of the other unit an...
I recently closed on my first HELOC after acquiring this property from BRRRR'ing my owner occupy duplex. I purchased the building for 80k with conventional investment financing- put about 11k into it and got the upst...
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Hey everyone,Do you know if the cost of a multi-family apartment building appraisal is tax deductible? The appraisal quote from the lender is around $3500, which is obviously a lot of money! Thankful for any insights...
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I bought my parents house from them a while back for well under what it appraised for. The result, I now have a Heloc for a little over $80K. Since buying their place (they still live there) my wife and I have acqui...
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Not sure if I am posting this in the right section, but here is my predicament. After doing some research on being a live in landlord I know I would like to purchase at least a triplex. I live in Colorado and have r...