Hi , I am new here and this is my first posting . Great forum !
I am considering the following investment
-11 unit building , mix of 1 and 3 BDRMs , fully occupied
-Price is $415K
-NOI 55K on 105K Gross
-Building is...
Been listening to the podcast a ton and figured I would give the forums a whirl. Background: I own a separate, successful business and I am looking to diversify and also get some tax benefits from rentals. I grew up ...
Hi all!I received a call from someone who needs to sell a family member's condo. It has gone through probate and they are motivated. My concern is that it's a 55+ which will narrow the buying pool. Not sure there is ...
So am I moving too fast, or is there such thing?
I've been sitting on the back burner for about 3 years waiting for my opportunity and studying.
I finally pulled the trigger on a 4 plex and today just signed a purcha...
hello, so I'm 28 year old stock broker that recently moved to AZ from NY. We recently bought a house and things have been going good. I started my job about a year ago and while I make decent money,I feel like I shou...
Hi guys!Just for background:So I graduated about a year ago, (major in marketing) moved to Tampa in October 2016 and got my first duplex (not FHA like I wanted to do but I used a conv loan instead) the other unit is r...
I recently acquired 3200 sqft of vacant office space from a bank. It is divided into two 1600 sqft mirror image sections. I have planned out ways to break it down so that I can rent as little as 400 sqft. The commerc...
Aloha everyone,I signed up a couple of days ago...but have been trolling the forums trying to pick up as much information as possible. Have been reading for HOURS...and simply overwhelmed by the shear volume of AMAZI...
So I got a message from my PM saying that our new tenant is saying the AC was only blowing warm air and if we could fix it. The PM contacted the local HVAC service guy in our area, and after their $75 service fee it w...
I just obtained my first property about 2 weeks ago. It was a steal, and I feel really good about it.... a little about the deal:
It's a 4plex. It has full occupancy. the units rent for $425/mo now, but the area is g...