Hello, new investor here and I would love some help evaluating a deal. Local mh park right down the road from my house, 10 old park owned mobile homes, small run down 6 apartment building, small stick built cabin. All...
Hello, Can anyone help? I'm stuck!!! I have just finish a short sale and it is ready to close. But I'm not sure the best way to close on this deal. When I started this deal I thought that I would be assigning my cont...
For those of you who invest in property outside of your state; how did you find the agent that you use?
Did you know the area very well or did your agent advise you on where the good/bad areas were?
I have begun c...
Hello,We manage a ~300 unit apartment community in Birmingham Alabama. We purchased the property in Oct 2019 and the average water bill for previous ownership was roughly $24K per month or $90 per door. Since then, ou...
I'm ready to list my first property to find a tenant and was wondering if anyone sends an additional rental application to gather more details when having potential clients apply through a website like Cozy.co? I'm cu...
Two adjacent units (in Los Angeles) have reported and caught numerous mice over the last three weeks. Never had rodent issues before. I haven’t seen food left out in either unit, they are generally pretty tidy.
I’ve ...
Just met Sue Nelson at the CT REIA meeting last night. Her background is much like mine and I felt like I could learn from her style. Her "program" is a bit pricey. Would love to get some feedback before making a d...
A four unit quad-plex, built in early 1900, renovated/updated over the years. Each is 2BR/1BA, about 850sq ft each. Utilities are separately metered, owner pays for water/sewage/trash. Monthly rent per unit is $525. A...
I have a few questions here:
1) if I have 2 year's tax returns with rental income reported but have not had the rental property for 2 years (say 1.2 years), will lenders still consider the income? I do/will have a si...
Hello BP. I have been interested in REI for a while now and believe I am finally ready to take the plunge. I have been prying here and finally am making my own post. I will add a picture and more info to my account...