Hello,

I bought a multi-unit property in August 2012. The ex-owner of the property signed a 5 year leasing contract with Coinmach for washer & dryer which I'm not aware. The contract will end in 2015. I don't wa...

I inherited a tenant in a purchase recently. Previous landlord drove to the property to collect every month. I'd rather not do that, so I suggested paying online. It is an elderly tenant, and she said she "isn't good ...

Hi Team, I been presented with this "Deal" in Houston Tx. its a 4plex in an area around the universality of Houston. its lower socioeconomic area which I been told gradually been transform. The property is 100% occupi...

When screening tenant, it's important to check landlord references. What's the best way to verify that the landlord listed on the application is really their past landlord and is not a fake landlord (applicant's frien...

This year we increased our net worth by 355k from one deal! Here’s the story.
On January 17, at 10:30 in the morning I got an email from a wholesaler advertising a 6-plex in Florence, Arizona, for 320k.  I usually bu...

What is the best paint to use to paint kitchen cabinets.

My first tenants moved out the other day so I went over to the property today to change locks and do a few other things. I was surprised to see how dirty the property was. There was no damage to anything but they had...

Should I pay an extra 30k above the appraised value? It is multifamily. After said expenses, fixed and variable, it would net 2k a month. The CoC is 34% and the cap is 7.6%. I just dont feel good about paying an extra...

Hey everyone,I created a forum post nearly two weeks ago asking for advice on the analysis of my first deal.  I have since revised those numbers to be more realistic and conservative and to reflect that this deal is n...

With present economy, my interest rate is now 8%, which is costing me 1,000 a month in interest. Some months I don’t make but interest only.  It is my primary home, which I haven’t moved past this stage in investing, ...