Hi. I'm a newbee, living in the Silicon Valley and there is no way I can afford to buy/ invest in this area. So I'm planning to invest long distance and thinking about the West coast and Midwest areas. Any recommenda...
Hello there,
I attended the free introductory session for Lifestyles Unlimited this Saturday. The sales pitch was on point, very well presented! It did concern me that they didn’t consider vacancy and maintenance. ...
(11 unit complex)Asking Price: $80k 25% down: 20kMonthly rent(s):5k Property tax: $282($3,380, 2015 tax year)Estimated mortgage: $250 (20 year loan)Utilities: $425Vacancy: 10%= $500Repairs: 20%= $1000PM: 10% = $500To...
We rented a unit to 2 girls. They signed one lease. From day one they each paid their half and acted like they were separate in paying rent. They technically broke the lease when they took on a pet in March, but due...
Has the tide turned to Sellers "having" to give sell concessions in the way of closing cost or down-payments on FHA loans?
I have a new total rehab. I've even put in new appliances, new privacy fence. This property is...
I am in the process of buying my first real estate property and would like it to be a 3-4 unit multifamily property. I want to invest out of California because I am looking for a property that can give me some positiv...
Illinois is poised to become the 7th state to require us to accept credit checks from applicants. The intent is to cut down on the cost of applying for rentals, particularly for renters that have to apply more than on...
Hi does anyone have experiences with Mynd property management company? I'm currently vetting them. Do you have first hand experiences with them?Do they constantly take out of your rent for minor repairs that you can d...
My home in AZ and is not paid off and I'd like to know if I can do a lease purchase on it? I have it up for sale but you know how that goes. If something doesn't happen soon I will have to look into a short sale sce...
Hey everyone!
So I'm just starting out, but I have a lot of debt! Between school loans, car loan and credit cards, taxes too, It's all quite depressing. I'm currently reading and listening to The Book on Rental Prop...