Account Closed
Do you collect additional security deposit at renewal
So this is just a throw it out to the world conversation.
Say you have an annual tenant and they were renting for 700 a month, and your security deposit is also equal to 1 months rent. When you renew that person f...
Alberto M.
Cap Rate Compression
I’m sure everybody here knows what a cap rate is, if you don’t, a cap rate is basically a measure to understand your rate of return based on NOI (net operating income) the property is intended to generate. In general ...
Cole Oliver
Question About Raising Rent
Hello! I am curious to get feedback from everyone about this situation I have found myself in. I am currently under contract on a property that has 2 duplexes (4 units) and shop buildings on it. The seller of the prop...
Michael Osborne
Raising Rent Without Tenant Leaving
I currently have a rental that is about half way through its 2 year lease. The current lease is for $2,350 a month ($100 below market at the time for a 2 yr lease) but a similar property recently rented for $2,600. Ba...
Mahdi Mike
How to avoid negative cash flow?
What would you do to avoid a negative cash flow?I m planning to buy my first rental investment property in north TX and need to get a loan.What are the strategies you would suggest to avoid negative cash flow?I m thin...
Isaac Hayes
Retirement Account 10% Penalty to Access Real Estate
I plan to purchase a four-plex in Columbus, Ohio within the next two months. I had planned on liquidating a standard brokerage account for the down payment. However, because I plan to retire and live off passive incom...
Daniel Kokodoko
Shared utilities question in Atlanta area
Hello all, I just closed on a small Single Family home in the Atlanta area (Stone Mountain). I'm currently rehabbing the property and I'm planning on finishing up the basement to make it a stand alone 1BR rental (Long...
Jordan Moorhead
Minneapolis and Saint Paul pass rent control!
How will the newly passed rent control measures affect how you invest in the Minneapolis - Saint Paul area?
Mark Brazier
Month to month tenancy. Increase rent or end tenancy. (Ontario
I just purchased a multi unit property in Ontario and the rents are quite low in comparison to what they should be. So I have a couple questions about going about these increases. I have been making some improvements ...
Jonathan Roth
Recent client acquisition we consulted on
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $199,000
5 unit, Value add opportunity to increase rents day 1. Future plans to make cosmetic upgrades over time...