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Hey everybody, I've been following a multifamily property in a city on the outskirts of Tampa, FL. I First saw it when it was priced at $950k. It has recently dropped to $660k. It is 24 Units (2 buildings) which are ...
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Hi I really need some feedback on this. I was looking to buy some out-of-state rental properties and got introduced to this agent in August when I did a field trip. Since then he has been sending me some off market pr...
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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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I'll try to keep this brief. I have a rental property in Charlotte, NC and the gas fireplace hasn't worked for awhile. While my property manager was in the process of getting an estimate, the tenant (without approva...
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I have a female tenant in her 30s with a young daughter. She started on March 15, 2023 on a 1 year lease. She keeps texting and calling about every problem that is there or not there. She wanted me to refinish tub....
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Anyone have a positive experience with NWA in Houston? I have been on their mailing list for a few weeks now and run well over two dozen comps on their listings and have found that the comps are SO far off as to be al...
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I own a lot of multi units with high turnover. My current PM company takes the first months rent for commission on new tenants. But the agent is also refusing to show the property while it's still occupied when a ten...
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Why would a sellers not accept an FHA loan and would rather do a conventional loan even though the property has a solid feel of passing the inspection?
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I have a turn-key rental with Mack Companies in suburban Chicago that has been vacant for FOUR MONTHS!A small sample of my issues with the management:Finding out a tenant has moved out weeks after the fact. When the m...