I am in a confusing situation now and need some help from experienced individuals. I bought my first investment property which is located near two universities. My primary targets are university students with long ter...
Current income is: $1675 per month/$20,100 per year.Tenants pay between $325 and $500 per month. Two losest payers have been there 5 and 13 years. Once stabilized they should pull $700 each.Last year's expenses were: ...
Can I make payments to my personal residence turned LLC then cash out later to purchase more properties? We are about to refinance which would increase cash flow and build for more real estate. Currently we have 3 re...
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Point being Should I just buy a property and rent it out till I need a room myself then house hack it or should I just wait till I move out to buy a property and House Hack then? Really don't know what I should do bec...
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Hey Guys, So we are in the midst of a single family gut renovation project that we will be renting out long term. We will be paying the utilities since its for subsidized housing. We are trying to figure out wha...
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We are heading out of the country for a 21 day vacation and I am thinking ahead to make sure I have proper arrangements for managing our properties and in particular attending to any emergencies while we are away. I w...
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Hello All,I have been running into problems lately with potential buyer's questioning my ability to sell a property I don't own. I try to graciously tell the buyer that I control the property on paper and a professio...
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I've recently left my long term real job. I'm now working full time as a realtor and investor. I've got my living expenses pretty low, but still trying to get used to the idea of not having a steady stream of paych...
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Purchased a property in Detroit Metro area 11/11 for 52K cash, put 10K in and have been renting since 12/11. Its currently worth about 72K. I would like to continue renting but I need cash to grow my business. I ha...
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Hello,
So I have my RE license and I've signed on with a broker in my area. My primary intent is to manage 10-15 units for 3 years while continuing to work my regular job. After 3 years I will likely set up my own ...