How do small town banks appraise storage facilities? I’ve found that most “mom and pop” owners have no idea what a CAP rate is and just know what they paid for a place and what they think it’s worth. There is no conce...

Wife and I are building a new home. We had to place a 3 percent deposit. Builder is financing it up front. We are securing with loan at end... Can we walk away if the market crashes and better deals open up? I know we...

Hi All!  Need some guidance here as I am getting a little out of state first time anxiety buying fears.  During covid, I have been doing research, interviewing property mgmt companies, talking to banks, and doing visi...

Hello everyone, I’ve had a VERY busy year for a 22 Y/o I bought my first rental property in lacrosse Wisconsin almost a year ago, June 2019. I bought my second in January 2020. last night (May 5) I put an offer in on ...

Thought you all would appreciate a dose of reality from the trenches of a multifamily operator - Section 8 abatement.
If you have Section 8 tenants at your property you have to be aware that there are three parties i...

I am reading, studying the market, watching interest rates, basically doing everything I possibly can to get started in this, but I feel like I am spinning my wheels. I apply for an equity loan to use as my down pa...

I am looking for opinions on the best way to reach out to busy agents for my Home Inspection buisness. I have contacted the agents I know personally with great results but I would like to introduce myseld and my s...

Hi everyone! I have been on the forum for about a week or so and am just taking a few minutes to introduce myself. Well, my name is Edgar and I currently live in Weston, Florida. This is about 20 miles west of Ft. ...

Hello,
I had taken a loan about 2 years ago and have been repaying my installments regularly. As far as I remember I am also paying the premiums for the Private Mortgage Insurance (PMI) but how long would it continue ...

To most landlords (or landladies) out there the above statement is a flash of the blindingly obvious, but for some it is a very controversial statement.  Heck, I was accused of giving terrible advice when I posted it ...