Kel S
Do you do lease/options? Thoughts on those?
How many of you have offered your properties on lease w/option to buy? What were the terms of that? Meaning did you charge X amount down up front and a lease term of X amount of time? After which point their down woul...
Sung Park
Buying a condo in Chicago
Hello everyone, this is my second post. I learned a lot from my first post thanks to this wonderful forum. After some thoughtful consideration, I am leaning towards getting a condo for primary residence/investment. Si...
Mike Schoeffel
In a terrible situation, what should I do?
This is a long and convoluted story, but I'll condense it to the basics. I bought my first rental property in Danville earlier this year. The inspection report turned up no issues with the foundation whatsoever. Fast-...
George Genovezos
who do you use for a self directed 401k?
Hi all,I have some funds in my 401k that's not performing. It's currently with Fidelity and they don't offer anything self directed.Who should I use to purchase real estate with? What kind of fees should I expect?Thanks!
Account Closed
Risks involved in rental real estate
Hi - I've been interested in buying rental property for a few years, and lately have been looking into it more seriously (viewing listings, etc.). I just want to make sure that I have a good sense of the risks involve...
Joseph Canini
Contractors
I am reaching out to my fellow professionals on here: I am wondering how do you find a contractor you can work with and trust? I am not happy with my current contractor and am looking to replace him.
What is ...
Jason Insalaco
Future Los Angeles Multifamily Sales Onslaught/LA Retrofit Law
Owners of thousands of Los Angeles wooden apartment buildings at risk of collapse in a major earthquake will begin receiving retrofit orders as early as February 2016, according to the Los Angeles Times. The LA City ...
Eric P.
1% rule in NJ doesn't really work?
Living in NJ we've been looking at a few properties and it seems the 1% rule doesn't really work because of the high taxes.. Example:$130,000 property. Owner had cats so it really just needs new carpets to get rid o...
Justin Sheley
Picking the right tenant / % of income.
My wife and I are currently in the process of finding our first tenant to fill a vacant apartment. We own two multi-family but have been fortunate enough in two years not to have to find a new tenant since we purchase...
Matt Cramer
How much Cashflow do you really see?
What are you seeing as CASHFLOW on your properties and what was the purchase price of that or those rentals?I'm talking about cashflow after all expenses. $100 per door? $1000 per door? What are you seeing in the diff...