David Bowles
New purchase, current tenant is not current on rent
Hi Guys! I recently had a seller (another investor) agree to a 45k purchase price (cash) on a house with ARV of 60k. The house had a full gut rehab 4 years ago when this investor bought it. The current tenant is “all ...
Austin Weber
Evaluating Quadplex deal
Looking for some more experienced advice/perspective on a quadplex I want to make an offer on. I’m new to this and looking to make this my first deal. This property is on the MLS currently listed at $540k. It fell out...
Aaron Moayed
Still 7-12% Mgmt Fee for $600 Rent?
If a rental property has $600-700 in rent coming in, is it standard for property management companies/people to take 10% of that ($60-70) or is it common for them to have like a $100 minimum? Just getting a feel for s...
Tyler Condon
In escrow and getting really cold feet
Put in an offer at list price with 3% seller concessions and furniture included. With the concessions I am able to cover closing costs and get a 2 1 buy down. So my monthly payment for the first year is approximately ...
Christine H.
First MF purchase has negative cash flow
Hi everyone!I'm pretty new to this community. I've been researching and studying the market in my area (Los Angeles) for a couple years now and have hesitated to make the plunge on any purchases. I finally made an off...
Peter Tverdov
What property management fees do you see on small multifamily?
I'm interested in comparing fees with other areas of the country when it comes to the management of smaller multi-family units (anywhere from 5-50 units). What type of fees are you guys getting for the buildings you o...
Nathan E.
FL Condo Deal, Would You Take it?
I have a verbal contract for a 2 br 1 bath condo. This is my first investment property purchase so I am analyzing the heck out of it and looking for advice from the experienced community.
Purchase Price: 65,...
Eric Hugh
STUCK - Can't sell 30 rentals, property management too expensive
Asking directly to those who have owned 10+ properties before, thanks in advance to those who answer or tag those who can.One of my good childhood mentors and his wife built up a nice portfolio of 30+ homes in a secon...
Sean Michael
Making Sense of San Diego Real Estate (Renting and Investing vs Buying)
I'm moving to San Diego next year from Denver, CO and am looking to make the right personal finance decision in the process. I have the funds available today for the purchase of a rental property as well as a primary...
Rax Gupta
What % of cashflow is considered good for a rental property
Hi All, I am considering buying a rental property. After all, deductions, what percent of cashflow is worth going through all hassle.