Jason Schmidt
do you automatically up the rents each year?
I have been reading a bit, and it sounds like some folks automatically raise their rents about 5% each year. Is that pretty typical? What do you all do?
Peter Sik
vacate tenant for selling but now want to change mind
Hello all, this is regarding property in Adelanto, CA 92301.Sent 60 days notice to tenant and told them the property will be selling. But now I see the market is going down a lot also days on market increased, what if...
Ceaneh Alexis
What due diligence required when inheriting tenants
In negotiations for a my second investment property, a duplex in Georgia. Both units are occupied by month to month tenants at below market rents. The units also need some cosmetic work. What due diligence should I be...
Mary Derman
Preparing for the future
An economy recovering from a recession, crippling student debt, and an overly competitive job market are just a few of the things to list when naming the struggles millennials are facing in their early lives. Never be...
Rebecca Belnap
The Feds Raised the rate today
Just got an email that the fed raised the rate by .25 today. That was expected. What wasn't expected is that instead of planning to do 2 more increases in 2017, they said in the meeting that they are planning 3. I'...
Micah Shelton
15 homes in one loan...how
While doing a video walk through on a potential purchase the owner stated she had 15 off market deals she would be willing to package together All are rented and here is the overall deal:
3 duplex style homes
12 SFR...
Jared Schott
Long Term Rental by assuming loan; risky idea?
Hi folks I previously posted about a 5 bed 4.5 bath house for sale at 590,000 and has been up for 60 days. This house has an FHA loan that I can take over and all in it'll be 2k/month. however, the amount left on loan...
Steve Sapowsky
Commercial loan with bad credit
Will a bank lend to someone with low credit for a duplex that cash flows? I can come up with the 20% down but that means not paying down my debt and therefore continuing to have credit in the low 600s. Any creative su...
Michael Heisterkamp
Offer accepted on my first deal.
Hello all,
Late last week I heard from the sellers that my offer was accepted on my first property. I found a triplex in the Dallas Fort Worth area with an initial asking price of just under 100 thousand dol...
Colleen F.
Equality and fairness in tenant charges for apartments
Getting ready for renewals in a MF and since the apartments aren't equal and the lengths of tenancy aren't equal the rents also are not equal. Do you normally try to equal out all the rents or are you comfortable wi...