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I recently saw a deal on a duplex in San Francisco in a prime neighborhood with a cap rate on existing rents of 2.5%. Rents a bit below market, but not crazy. Building in good condition. Great location. This number...
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He everyone, I currently did a walk-through of my properties I own in the midwest. For the most part, I know what to look for. For example, I have a rental with two military tenants. They're amazing. The house was in ...
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Hey, I just purchased my 1st rental property a couple months ago. In June it will be 6 months since the tenants have been in place. I would thinking of doing a 6 month inspection at the property. What u guys think out...
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Hope everyone is well! I purchased a 3 family property in Ma, with tenants, and there is children under age 6, in two units. The property lead status is unknown, there was no inspection done, but the house is built in...
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I'm really struggling with this application fee thing. Any words of wisdom? Going to have an Open House today and it doesn't feel right to take a fee from each applicant knowing we'll only rent to one...
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Hello everyone,
Love this forums, I have been lurking on here for a while and reading as much as I can and listening to podcasts. I am completely new to the real estate biz. I feel like I have found my nich...
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I put a REO SFR house under contract in Cape Coral earlier this week. Today I had a professional home inspector come do a thorough check. He found several areas where water has been seeping in the house for some ti...
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I'm involved in my first flip --I purchased it on May 4th and finished re-habbing a couple of weeks ago. Having received a pre-approved offer at nearly list price (FHA), I was informed by the buyer's realtor that the ...
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I'm looking to get started in real estate by purchasing a 2-4 unit (ideally 4) through FHA financing. I looked online and found a few properties that peaked my interest and I reached out to a Realtor who had a few mul...
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Any basketball fans out there? What are your thoughts about the playoffs so far?
My Knicks got eviscerated, the Lakers are a complete surprise (because they have sucked), and San Antonio looked like a bunch of geria...