My lender asked for seller to provide tax returns for the past 3 years of a 5 unit i have under contract, and seller said no. My lender said it’s fine but it limits the number of banks that would be willing to lend t...
Hello everyone. For 10+ years I have been total focused on single family homes for rentals and considering to step my toe into the multifamily space (all as an out-of-state owner). This property is FSBO and the deta...
Good afternoon BP,I'm considering starting my own property management company in Kansas City. I currently own and self-manage a medium sized portfolio in KC, and am looking for ways to increase revenue. I came across ...
Hi forum,I own about 8 units right now, and looking to up that to around 12 units by the end of the year. I don't like being a landlord all that much, and I also don't like paying property management companies 5-10% ...
Hello all--new real estate investor in Washington. I am a lawyer currently on active duty with the Army. Although I have serious hands on expertise with construction (I can barely fix a faucet), I'm hoping I can lever...
It looks like my next purchase will be out of state. I know people in the industry in my home town, so it's not difficult to find a good property manager and stay on top of them. But finding a good property manager ac...
Hey Fam,I have a 3-part question. Backstory: I bought my first property (closed in last September) for $315,000, and got at interest rate of 2.375% through FHA. I had to put 9% down for this SFH (3br,2ba) and about $1...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in St. Louis.
Purchase price: $306,000
Cash invested: $94,000
First investment property! This is a duplex located in Southam...
I made the mistake of bringing up the idea of real estate investing with strictly unbridled optimism. My wife has a bit more of a conservative and scarcity-based mindset with money in general. I do intend to share the...
Have a lawn care company saying my tenant owes him $205 and won't pay. Because of that, he's threatening to put a lien on my property unless I pay him. I'm of course trying to get the tenant to pay as my lease says he...