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Good Evening,On a SFH I have as an out of state owner, I have noticed that PM has not collected utilities from tenant since they've moved in (going on 4 mos now). I pay from my account on an auto deduction and expect ...
Hey everybody.Im in the San Marcos are of Texas. Every deal that I run the numbers on for SFH just doesn't end up cash flowing and doesn't come close to the 50% rule. I would like to house hack but multi family is rar...
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If you wanted a commercial property, a residential building apartment complex of 10+units, what are some things to consider?
How is the lending process? Does it work the same as for residential homes? In terms of con...
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I have a home worth $350k that's completely paid off. A neighbor is selling their two family which has two 1,100 sq ft apts (1 br). Upside, backyard, deck, access to mass transit, restaurants, beach. Downside, needs ...
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Hello, I am in NJ and own a condo rental. Had a terrible tenant for a year that finally moved out. Chronic late payments, bounced checks etc. however ultimately I was made whole and got rent for each month. Prior to l...
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It is now public that Mack has filed Chapter 11. Through these forums (via David Ho), I was introduced to a attorney representing creditors. Connect with me and I will pass along what I know.
Hi everyone!My husband and I have been landlords in other cities, but want to invest in NOLA since we live here now. What would you say is the average ROI for a multifamily rental here? Do you usually find your proper...
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Hello,I was offered 100% finance 96.5% first loan and 3.5% second loan mortgage for a multifamily the 2nd mortgage for that 3.5% MUST be paid back, but just like the first mortgage, it doesn’t have a PPP and itcould ...
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When analyzing a multi-family or apartment is it appropriate and reasonable to ask for documentation on the leasing history and annual/monthly utility cost that is covered by the owner?
Thanks in advance!
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I purchased a house in CA in this difficult market. Tied up most of my cash in the house. Issue came up. It seems there is a cockroach problem in the house. I don’t have much equity in the house. So I would lose $ if ...