Raj Vajir
Analyzing numbers on a 4plex
Hello All,I return to get expert opinions again on a purchase I am considering of a 4plex unit (2x2 and 2x1).Asking: $250kOffer: $210kSeller agreed at $220kCurrent Rents: $2250/monthProforma: $2500-$2600/monthWater is...
Amr Taweel
30 day notice first home in ohio
hi I just bought my first home FHA and just closed on it today. its a side by side multi family unit. there both occupied and I will be keeping one tenant and giving a 30 day notice to the other as they are both month...
Matthew Rogers
Speaking with Property Owners
I'm in the process of searching for my first 4 unit. I'm the type of person that likes too know as much information as possible so I can make the best decision possible. When you guys purchase investment deals do you ...
Tim Rogers
Interest Rates vs Economical Downturn
Is it best to buy now or wait for the bubble to pop? Interest rates are at a record low and in many metro markets like NY, SF, LA, real estate prices are at a record HIGH. Is it best to buy now and take advantage of t...
Cindy Kao
Cash out refi or sell?
Hello! We have been going back and forth about selling or doing a cash out on our 4 rentals in Detroit MI. We see the benefits of each but are still not sure what our best option is. It would be nice to sell, but we d...
Jorge Borjas
Delinquent Taxes Georgia
Where and how can one get a list of tax delinquent properties in the state of Georgia? If I see in the tax assessor's website that they're late in taxes, does that mean that the property goes into a tax sale right awa...
Park Pratt
Do I need an inspection before renting a house?
I have just found tenants to rent my primary residence in the Hartford, CT area. Before I sign the lease with them, a friend from St Louis, MO mentioned that I might need to have an occupancy inspection. This is not a...
Andy Iannotti
“Insider trading” ethics
I have heard that in real estate “insider information “ is not only acceptable, but encouraged. I am a firefighter and do inspections on multi family dwellings. Therefore I get a real inside look at what is really g...
Brittani Purman
How to finance a mutli-parcel deal?
I am a Realtor and I am always trying to build my knowledge. I am looking for seasoned investor or loan provider insight. Other than cash, how can a multi-parcel deal be purchased? I have attached the listing below fo...
Forest K.
Security Deposits: Asking Tenants to Deduct Interest Themselves
My landlord association in MA has a security deposit receipt form that states the following: "To save time, you should deduct the interest amount from your rent check each year. Ask me and I will tell you how much to ...