Thomas Weidner
What is your net income in STR’s?
On your short term rentals how much of that rent do you actually put in your pocket? I understand some of the things you have to pay for such as utilities, WiFi, furniture. But what are some of the other costs associa...
Craig Carter
I won a HUD bid for a "203k eligible" condo - no FHA loan??!
The condo was advertised by HUD as IN (insured) and as "203k eligible".I won the bid, and now I have trouble finding a reliable lender who would originate an FHA loan.Every mortgage broker I spoke with so far told me ...
Josh Jacobson
upfront capital issues
Hi Everyone,I am curious if I can seek some advice from the community. I've been under contract 4-5 times on multi-family buildings ranging from 6-8 units in Chicago and 1 18 unit building in St. Louis and every time ...
Michael Barbari
IS THIS A GOOD DEAL?
Price is 160k for a triplex fully leased with coin op laundry. Tenants pay electric and gasUnit 1 - 2 bed 1 bath rent = $850Unit 2 - 2 bed 1 bath rent = $725Unit 3 - 1 bed 1 bath rent = $550=================== $2125T...
Jak Dadi
Section 8 headache?
Greetings! i closed on a short sale 4 plex in Stockton in January. All units vacant but for one section 8 tenant who lost her vouchur before close of escrow. Seller had let her stay by collecting her portion of the re...
Kristina Gaskins
What Should I Do??
So... I listened to my father and bought a home 10 years ago. What I didn't know was that the market would go south. Now I am "stuck" in a property that I don't want to live in anymore.
Here's the deal: Apparently...
George Elchaar
Opportunity to purchase with $0 down, owner financing
Hello everyone & thank you for having me as a member of the forum. I hope to contribute to this forum in some type of capacity to show gratitude for the knowledge shared with me.I have been a property & casua...
Mike C.
Curious how NYers get started..feeling discouraged
Hey guys, long time reader of the forum I love the wealth of information provided on this website. I live in the NYC area, and was curious how people around here get started. The prices for many two families by me are...
Al Williamson
Complete List of Tenant Fees
I'm trying to round up all the different types of fees a landlord could charge their residents. This isn't my favorite income idea but there is no doubt collecting fees is a way to prevent more costly mistakes. What's...
Tom Ashe
FHA loan and adding Units to 4plex
Hi all,I'm a first time real estate investor and I'm working on my first deal. I was able to find this off market in a HCOL area, and it's providing a couple of very interesting value adds.1) It comes with plans to a...