Chris Pasternak
Raising rent on tenants after purchase of property -- good or bad idea?
Title says it all. The additional details are that the top tenant has been there for 4 years and the bottom tenant has only lived there since August. I was wanting to raise the rent $50-$75 for the top unit (3 be...
Madhur Mehta
Should I sell my +ve Cash flow investment property
Hello everyone, I have been grappling with the below question for the last few weeks.We have a condo in downtown Chicago that we bought for $150k 10 years ago which generates ~$900 per month on Cash flow. The CoC is g...
Ryan Holtz
What Real Estate Markets Should I Invest In As A First Time Investor?
I am having a hard time finding anything that cash flows with a down payment from 20% - 35%. Should I be expecting to place a down payment of 40% or more? I am looking for a growing market with lots of appreciation va...
Scott Trench
Should Entrepreneurs Consider Getting an MBA?
I used to wonder if there was any value in going back to graduate school and getting an MBA. I have a professional background in Corporate Finance and believe that I have the skill set necessary to succeed in a decen...
Chase Davidson
Estimating STR Income
What are some resources one can use when trying to estimate the gross revenue a STR will bring in?
I am analyzing a deal that would be a house hack with a detached garage that I would love to turn into an ADU. Are t...
Vik Nirwal
Still time to buy multi family in JC ?
Hi,I am a first time home buyer . Have been renting in JC and have seen both rents and house prices in last few years go up like crazy. I have been looking to buy a Multi family in JC with easy access to NY transporta...
Ilya Z.
What to do with Exclusive Buyer/Tenant Brokerage Agreement in MD?
Hello Everyone,We've been looking for investment properties in Maryland for a couple of months and have talked to several RE agents and brokers. One of them (she's also a broker) showed us a few properties in Baltimor...
Nick Gerli
Top Rent Growth Markets - Not What You Think!
Many rental markets did well in 2020 despite the headwinds of a recession and pandemic. The graph below charts the markets that performed the best in terms of rent growth. They're a surprising list to say the least!
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Mahinda Horapakse
Appraisal question - square footage not accounted for properly?
My appraisal came in significantly lower than I expected (only a 5% increase from the value the property was appraised at 4 years ago, in spite of values generally increasing 40-50%). Looking at the report, the apprai...
Account Closed
Can a Property be Deeded without Consent,Permission?
We had a discussion about a tenant in common property with a loan on it. One of the members deeded over the property without signature (acknowledgement) of the second party and now the lender thinks that the second pa...