Kelvin J.
Loan strategy problem. Which option sets me up for more deals?
Hi all.I just sold my condo and am aiming to buy 4 rental properties in the next 12 months using the proceeds. My problem is my DTI as my pay is pretty horrible, and I'm struggling to see a way through. I don't have e...
Account Closed
2-4 Unit Multifamily Acquisition in New York City
Looking for anyone who's brain I can pick about their relevant experience investing in small multifamily in NYC or other high-cost entry markets around the US-I work in commercial and am interested in making an inves...
Hadar Orkibi
Fourplex In Houston - Feedback please
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...
Vitaliy Merkulov
How to Verify Past Landlord on application is not FAKE
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...
Meghan Sullivan
Having tenant issues on first month of rental property
Hello all! So I recently purchased a double unit with tenants occupying it month-to-month without any form of rental agreement. Upon closing, I met with both tenants individually and went over a rental agreement, whic...
Brian Cooke
Tenant won't pay online, what is good alternative?
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 ...
Edward Salazar
Bought a 10,000 SF Warehouse, but is this even possible??
Hi everyone, I just bought a 10,000 sf Warehouse building from a distressed owner and would like to try something out. I did some renovations to it and brought some highly qualified new tenants that pay a lot more tha...
Dave Reeves
Multifamily- Prorate or switch from boiler to electric heat
I recently purchased a Multi-family 4 unit that currently has a new gas boiler. Property managers in my area are telling me to eliminate the boiler and install electric baseboard heat in the units and have the tenants...
Jimmy H.
Using Homepath OO as investment
I have a question concerning a Homepath property in my area.
The home is priced at 99,000. I could purchase the home as an investment with 10% down using homepath financing. I have also thought that I could encourag...
Fred Shandler
Do you buy a house that shows signs of water in basement?
How do you guys feel about this? Is this something that will alter your decision to buy (particularly for renting)?