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Hello everyone!
So I'm closing on my 3rd property situated in Chicago in the next couple of weeks. This property is an REO but will be transferred to me as an occupied property. I've drove by the property and it see...
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Hello all,I am in the process of purchasing my first rental unit and my parents have agreed to help me with the down payment on it. Doing some reading and it suggests creating a promissory note set up properly so I c...
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Hello all,
Seeking advice on how to analyze potential apartment development to hold and carry as an investment.
The building would be 8 units total project cost in the 1.2m range, and would be projected to gross ...
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Hi all, I am just starting out. I bought a rental in NC and someone told me that the rent money has to go into a separate account that just is for rental income.... is this true?
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Hello All!I have been a rei daydreamer for several years now and I never really knew how to take that leap. After listening to Brandon's 90 day challenge webinar one night I decided that I had to get going. Fast for...
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Hi all. I had an existing tenant contact me yesterday to say she would like to pay up rent for the year with her tax return. I have owned the property since October of 2014. It is a 6 unit property that I have been br...
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I have a tenant who I found had recently acquired a dog without asking (this is the third time). I agreed to allow the German Shepherd with a $200.00 pet deposit which she partially paid. I was then given a letter ...
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So i see a lot of people ask what to use when estimating a vacancy rate or a cap expense rate. And a lot of times on pro-forma sheets a vacancy is listed at 5%. I just can't comprehend how that is a realistic number f...
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Hi, I'm 23 and new to real estate investing business. I live in Ontario and would like to buy my first multi-family house in the near future. I've read a lot of the threads on this forum and there's a lot of great...
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I recently purchased a 200acre piece of ground located minutes from Selinsgrove, PA. This trabct has a farmhouse 3 bed 2 bath, 4 car garage, and two barns. I am currently renting the house for 850 month and the land t...