David Jay
When will they bail out the landlord
So basically what is happening now economically is that the government is printing money and handing it out. Some of it strategically and some of it not so much. 50 percent of the unemployed workforce are currently ea...
Dominika M
Refinancing to get cash out - Canada
Hi all,
I'm working out my long term strategy and seeing if I can stay in Canada and somehow be able to buy more than one property. @Roy N. gave me an awesome long answer on buying past the 1st property (see below). ...
Scott L.
New home cost impact of rocks, trees, stream, grade in land
I have the possibility of investing in the development of two new homes (1 acre each) in my town. The neighborhood is exceptional and land purchase price will be lower than market, given personal contacts.
Th...
Robert Ehrlich
BRAND NEW Investor looking for advice on 8 plex building
I have been looking for my way door way into owning rental properties. I have came across a great deal for an 8-plex unit ($225K) where if I was to use the low end of the rental market I would still walk away with a N...
Eric Medemar
bought a house that was haunted and someone died in! Stinky
Last year I too bought a home that somebody died in. I found at after closing when I was talking to the neighbors, I have 35 rentals so it seemed a welcome addition to my family of disfunctional homes. They had told...
Craig L.
10 unit - Easy no money down deal?
10 unit building in a decent part of town. Gross annual rents are $52,000 (tenants pay utilities). Asking price is $170,000. No, that isn't a typo. Cap rate is 31%.
I doubt this one will last long on the market. I do...
Jim Dunn
My mortgaged property is in distress
Hello I need some help,I currently own a mortgaged property that has lost approximately $16,000 over the last three years in total from lost rents, legal fees, maintenance and other general and property management fee...
Spenser Harding
short sale countered by neogotiator
hello! I currently have a short sale in process in Tacoma Washington, the negotiator countered my offer 13k more. The house was on the market 75 days before my lower offer was accepted. How would you respond to the...
Micheal Rieves
I feel like I may be missing something on this?
I am working with a seller on three 5 plexes that he wants to sell as a package deal. He is not willing to separate them at least not at this time. All units are currently occupied. Here are the numbers: Asking price ...
Mike O.
Water damage from a burst pipe - Who is responsible for what.
We are looking to get opinions/ thoughts on how much you would do for your tenant. Here is what is currently going on... Tenant called Thursday letting us know water was spraying from water softener and it flooded kit...