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Hello everyone,Hope you are having a productive day! Just have a quick question about lease renewals.The lease on my first rental property is coming to an end and my tenants already decided that they wanted to stay an...
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I have agreed with a seller on an offer price for a triplex which will be my first REI. According to the seller's agent, the first tenant has lived there for 16 years, second tenant 6 years and third tenant 6 months. ...
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I am looking at a very old 3 unit building in Chicago. It's zoned as a 6 unit and sits on two Chicago lots. I am expecting a full gut rehab here. I think the structure is sound, roof sound, windows okay and brickwork ...
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Hi I recently came across a truck station gas station deal in the northeast, selling for about $2.5, revenue around $6.0, and cash flowing around $500k. Seller is claiming that they do over 2 million gallons a year. I...
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I'm curious to know how landlords in college towns deal with international students looking to rent their properties. What does the screening process look like? Are there any specific documents you ask them for?
I w...
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I have a few listings and feel like I need better analytics to get improve. What are you using for analysis tools? What are some of the more interesting measures? Mostly, I've been focused on revenue per month and ...
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Tenderfoot to the investing field. My wife and I are curious, ambitious individuals who want to absorb as much information as possible before taking that first step.
We live in the metro Louisville,KY area and are l...
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Had hail damage to rental properties in 2017. Received checks from insurance for cash value in 2017. Started to get one property repaired before winter, but it will be finished this spring. The other properties have...
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Hello everyone,We are three friends looking to invest in real estate. Our first intuition was to get an LLC but we no longer thinks it makes sense for the following reasons:- Have to get commercial loans instead of re...
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A business partner of mine is in a partnership that owns an apartment building worth about $3M. They've been upgrading units as they've become vacant, which has reduced the monthly cash flow temporarily with expectat...