We just purchased a 4-plex with a bad roof and one moldy unit for $116,500. We have a new roof scheduled to be installed in 3 weeks, but need to make some big decision on the other renovations. Each unit needs new pai...
Good Morning,
I was speaking with an owner. The owner is willing to sell the house at this point. The owner said he will warrant the electricity, plumbing, septic/water line, and air conditioning in the contract.
...
Lately I've been dabbling the numbers to maximize the cash on cash return for rental properties.
I want to run this sample deal to make sure my numbers are correct. From what I can see a hard money > refi deal ma...
In a year I plan to move to Fl and work on my real estate agent license. Since I'll be new in the area, I'm hoping to work as re agent in order to get familiar with the market. I plan on using my license to support ...
What is a fair cost to re-rent a unit after a tenant moved out. What can I include in re renting the unit? My time for showings, gas money, advertising time on craigslist, lease preparation?Tenant moved out 8 months i...
I purchased a 2 unit home in March for $322k and have spend 6 months renovating. The property was so cheap because it wasn't in great condition and was listed at about 1,200sqft, but was mismeasured and is actually a...
I'm doing my taxes for 2017 now. I've had a duplex since 2012, with tenants in it since 2013. 2017 was a particularly rough year--my property management company has recorded $5700 of repairs that were done, and in b...
Good morning all! Make today a productive day :)
I'm relatively new to REI and only have two single family homes under my belt at this point. I'm going to a showing for a 12-unit apartment building today, and was hop...
I came across some tenant survey results suggesting covered parking was a major on-site perk.
I don't have carports at my eightplex and nearly every rental applicant asks to see my parking lot. So - I k...
Hey BP!I was curious to know what are some of the strategies and struggles that you use and face when it comes to financing your properties? Whether it's hard money, private money or the traditional lending route; wha...