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After looking for a building local to my area with a decent potential cash flow, I have found a 19 unit building in a rather remote northern suburb of Detroit (Northern Macomb County for those of you that know the are...
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Hi Everyone,My name is Edward, I am 24 and trying to start investing into real estate. Currently I am working as a full time employee and want to start investing on the side. I got interested in investing in real esta...
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Hey everyone, I was wondering what the typical CAP rate is for parks. Seems to me that it is usually higher than lower but I wasn't sure. Looking on Loopnet they are all over the board and I know if varies based on ...
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Hi guys, Starting out in the STR management space and have a couple currently under management from friends and family relationships. Ive been browsing the forums and trying to find the biggest issues LLs have with pr...
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I recently went to my property to inspect and prep it for new tenants and found that the old tenants had let their child do some sort of project on the granite counter which left some bad ink stains in a variety of co...
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Hello All, I am looking for advice and help with a problem tenant. His lease is up April 15th but I received an email the other day asking for a "break on rent" since his ex is suing him for "ungodly amounts of money"...
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The offer on our first investment property was accepted today, time to start thinking like a property manager! Its an older 3 unit property with tenants in the first two units and the third is partially remodeled/demo...
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Hi all. I already asked a question on the different part of the forum and no response so let me try here.I'm looking at the property which is listed @ 316k.It is fourplex with 2 bedrooms/1bath in each unit. No garage ...
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I intend to write an offer on a property tomorrow. It's an 8-fam in small midwest town (pop 40k, not warzone). It has been on and off the market for about 1/2 a year, it doesn't seem like there are a lot of buyers fo...
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I've posted here before and have had lots of excellent advice and feedback, thank you this site is awesome! I have been interested in house flipping for years. I've had some contractors approach me with all kinds part...