I was running some numbers on a property to get some experience in running numbers and I noticed that the property that I was looking at did not have a dish washer. I thought that by adding a dishwasher, the rent coul...

Hi Folks,I just closed on my first duplex in the Twin Cities.  I will occupy one unit.  Do you find it best to do capital expenditures prior to, while currently living in or after moving out?  (Ex: I would like to rep...

Hey everyone, I found a mobile home “park” for sale (say that because it’s very small for a MHP, 7 acres) and the price seems too good to be true. Where do I even start in analyzing a MHP? What questions do I need to ...

I got a phone call today from a lady in Hayward, CA that has 8 houses on a single parcel. She wants to sell but is in over her head and does not know what to do. She has gone to the city and to lawyers to try and s...

Hi everyone,

My name is Shawn and I live in southern california. I have about 250K for down payment. I am looking into buying a fourplex within 8 months. My plan is to live in one and rent the others. I am planning o...

This is NOT news I wanted to hear, but it is what it is . . . That is a Nasty uptick.
Delinquent FHA Mortgages Soar By Record 60% To All Time High
As a reminder, "mortgages that are in forbearance and have not misse...

If I have a 4 unit worth $400k, I still owe $115k on the mortgage… can I do a cash out refinance even with no reserves in the bank? 698 credit score. I would use money from the cash out to make a reserve + buy my part...

By now we all know to use only Objective criteria in qualifying prospective tenants. THAT may all change believe it or not.I recently attended the winter conference of the Washington Landlord Association. One of the f...

Hi Everyone,A little about the property-- I recently purchased a house in Alaska and am renovating the basement while living in the top level.  I'd like to eventually rent out the basement.  It's zoned for multi-famil...

As a newer BRRRR / Buy-and-Hold investor, I went shopping for HELOCs recently and would like to share some insights gained from this recent experience for other people obtaining their first HELOC. Hopefully, this docu...