Hi guys! I put in an offer on my first cash flow prop. And it has been accepted!! How ever I am now second guessing if buying in that Particular neighborhood was a good choice. There is not a lot of diversity, doesn’t...
Hi, All. I've been looking for a multifamily property, and finally came across one that seems to work. All 4 units are rented for a total income of $2,235($26,820/year), with overall expenses of $7,630. So Net Inco...
I am confused. I have heard Lease Option, Lease Purchase and Rent To Own. I am not sure I am speaking the same language when I refer to Rent To Own versues lease option.Can someone explain the difference to me? Her...
Hi All,
Our tenants moved into our downstairs unit not even a month ago and just asked if they can bring in two cats. The lease clearly states no pets and we are pretty firm on this rule so we let them know that is n...
While re-reading one of my favorite books Rich Dad Poor Dad, I came across a powerful quote that speaks directly to pessimists and those influenced by their inactivity."WARNING: Don't listen to poor or frightened peop...
http://www.marketwatch.com/story/double-digit-rent-hikes-are-on-the-way-2011-01-13
A perfect storm is brewing for rents to rise.
Some highlights:
"Multifamily developers broke ground on just 114,000 units in the Un...
Whether tis nobler to fix and flip to outrageous fortune, or to landlord and wade into the sea of trouble.....
....my apologies to the bard........
I've seen so many references to "burned out land...