Long story short, I bought a home that I loved (built in 2000) and in a great area to live in, so I paid a little over value $171,500 using VA loan at 3.5% Things changed and I moved and decided I’ll rent it out, (it...
Labor shortages for skilled workers is being blamed for the increase in apartment construction delays. According to a Costar consultant, the average construction delay is approximately 5 months, up from 3 months in 20...
Hello everyone,Thank you for taking the time to read my question. I am a soon to be investor ( have not made my first deal but working hard at it). I live in the metro Detroit area and looking at a duplex near downtow...
I recently reviewed my taxes prepared by my CPA. I discussed with him the option of bonus depreciation. He asked for specific cost items. These included HVAC, roof, fire alarm and security system, cost of beds, furn...
I have my first multifamily under contract (8 units) Here’s the bizzare part it was owned by the Catholic church nuns used to house the Sisters. Needless to say it has been hard to figure out my numbers as it has not ...
Rental property owners often focus on cash flow, and for good reason. After all, if the money isn’t coming in, it is hard to justify keeping the property in the portfolio. At a very high level, cash flow is what’s lef...
What's been your practice as a landlord? I personally don't mind a tenant having their pets live in the property but I'm also concenerd about the potential cost of having pets. What's been your experience? thanks.
I have a private investor(family friend of mine) interested in helping me fund a large acquisition. His main concern is that he will be in a 2nd lien position and he is afraid of what could happen to his investment i...
Hey! I'm a young professional new to the Omaha area. I'm Looking to buy a house hack in about 10 months. Specifically a duplex in the North Omaha area. By that time I will have about $10,000 - $13,000 saved up, and a ...
Hey All, was approached by a seller earlier this week and I have an opportunity to buy a SFH rental at a discount. I'm having a tough time determining what the current value of this house is though and would love to h...