Gary Parilis
Guidance needed for forming partnership (or JV)
I'm looking for some guidance on partnership or JV. I've been communicating a lot with a potential partner, and we're very compatible (dispositionally and in our objectives), and we've built up a good deal of mutual t...
Alexandra Belle
Subto to househack P2
Hi! I need some advice. Here's the situationDuplex in beautiful historic neighborhood. Active at $290k. Spoke to the agent - one unit is owner occupied the other is vacant - owner is moving out the country that's why ...
Johnny Reyes
Looking to getting started in investing
Hello everyone, my name is Johnny I live outside of the Orlando area and its been a long dream of mine to get into real estate investing for a long time now, it has taken me this long to start because I thought you di...
Carter McGill
Getting Started/General Advice
Alright, this is my first time ever posting on a forum of any kind but I figured its a stepping stone in the right direction. I have been interested in real estate for a long time and want to buy my first investment p...
Alex Hymanson
Evaluating Cap Rate on a 4plex
Hi all - found an off-market deal and wanted your help in determining an appropriate offer. The property is a 4plex and comps are hard to come by in this area, so would like to understand the typical Cap Rate in the ...
Julie Clark
Tenant has not responded and sister is living in the house
Hello,
Looking for help for my current situation.
I have a single tenant, male, who has already needed the lease changed due to his girlfriend leaving. I was hesitant to allow him to stay but based on my lease term...
Adam M.
Unusual Tenant Issue-- What would you do?
Howdy BP,Right so this is a bit of a long one but I will try to keep it brief! We have been very fortunate in our RE careers to not have any serious issues with tenants at our properties. That being said, we have now ...
Demetrius Davis
3-Flat or 4-Flat Zoning Discrepancy
I have what was presented to me as a 4-unit under contract in Chicago. The appraiser commented that it is a “legal 4-unit building” on the appraisal. The Cook County Assessor lists it as a 4-unit as well. The seller r...
Shawn Torsitano
Is It Wrong to Kick Out a Tenant So You Can Move In?
Hey everyone, I had a quick question that is more about morality than technicalities.I'm currently looking to try to get into an owner occupied small multi-family property, to start trying to build a portfolio of rent...
Nate Burnett
House hacking, Multi family, long term tenant way under market
Hi all,We're looking at a property that has been owned by the same person for 40 years, they've had a tenant in the other unit for 10 years. Market rent is about $1600+ for the unit and they're paying $1200.I don't wa...