An existing tenant I have wants a month to month lease. I'm okay with that. What's the best way to do paperwork so I don't have to meet with them every month to sign a lease.
I own 10 properties in Southern California area. All my properties pay my mortgages on all homes and break even. In all my homes I have about 1.7 million equity. The problem is I can’t touch any of the equity. Recentl...
I'm looking at a 8 unit at a $270,000 price. Income is about $33,000 per year, expenses are about $30,000. Market rents are $250-300/month under market for the area so basically the owner shows a small loss on their...
Hello,I'm new to real estate investing and have been analysis a hand full of deals. From what I've learned so far the cap rate in my area is between 5.5-6% As I run the numbers on a 38 unit apartment complex with a ...
I plan on selling a condo in San Diego and doing a 1031 exchange (planning in the next 4-6 months). I am looking at single family (option with turn key) and multi family. The question is what and where. With the inter...
I apologize for the length of my post, I wanted to provide as much information as possible to hopefully get the best advice possible.
I am currently under contract to pick up a small 20 unit complex of 2 bedr...
Don’t know if this is the right place to get advice from this topic but here I am. I bought a fourplex FHA last September and currently living there. I got an offer to refinance my property over the mail saying that I...
So, I'm looking at various loan options. See attached jpgs. I'm working on my first deal. I am talking to a local lender who was referred to me. We had a good meeting, and he is giving me different options. We broke t...
I suppose it is dependent on the area and the demand, but do you buy these houses for rentals?
So this year I would like to purchase my first investment property. I have been looking in Pottstown, PA and Norristown, PA mostly. I found a deal that seems to be a good one. Here is the info on the property.** Un...