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Curious what people thought about raising rents. I and a partner have a 6 plex locked up and rents are under market big time. They are currently at 505-550 and should be 650 or so. Would you advice immediately rais...
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For those of you who invest in small multifamily properties, what are some of the mistakes you’ve made? What advice would you give a beginner interested in investing in small multifamily properties?
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It seems that purchasing property in all cash would have the best outcome for investments. The owner would not have a mortgage. The owner would have to pay property taxes. Buying with all cash gives the owner the opti...
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After watching a YouTube video from Ken McElroy stating 2020 is a wash, 2021 is the time to save up, and 2022 is likely the time to buy (when properties shift from motivated sellers to foreclosures to REO) I decided t...
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I'm curious what investors are or aren't doing in relation to the impending market crash a lot of people (smarter than me) are saying will happen in the next 2'ish years. I'm selling a house in the next few months and...
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I pay $25/door to install std. Pre-hung doors, $50/door if they are bi-hinge doors. On Friday a new carpentry crew I'm trying hung 11 doors (8 singles and 3 bi-hinge) in 3.5hrs. So he made $100/hr minus $41/hr for his...
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Does anyone here have any experience with REI Nation (formerly Memphis Invest)? We have been interacting with them for the past two months and have had the following issues :-
1. Cash flow negative - On all the prope...
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Hi All,I'm about to purchase my first home with the intent to rent it out in due time. The cost of the home is 225k with 3.5% down. My monthly principal and interest is 1054.72, but when including hoa fees and the oth...