Hi Everyone -I've been calculating ARV for quite some time and wanted to get the community's perspective on it. Specifically:If you don't find true comps (similar house with similar beds, bath, SF etc. etc.) do you st...
I live in a 3 unit building and I have discovered it is possible to add two ADUs (Accessory Dwelling Units) to my property in California. I currently have a $1MM loan @ 2.25% fixed for 30 years so this is a keeper for...
Whenever we put for rent sign on the yard and the relevant junction near to the House we are planning to rent, we get too many calls asking for simple questions. These questions can be "Is the house a 3 bed, 2 bath...
I purchased a 4-plex in November of 2020. Class C property in a neighborhood that houses a lot of voucher holders and lower-income families. I inherited three tenants that were advertised as paying and up-to-date with...
I'm considering allowing dogs and cats in my newest listing and need a little guidance from the community. I've never really owned a dog, though I have had cats. We just put brand new carpet in the house in addition...
When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
Ok, so I was scanning Craigslist and came across an ad that basically went like this.
"Are you an out of town investor? Want to buy property but don't want to jump on a plane in order to see it? Let me help you! For ...
Hey guys,
I’m thinking of going in on a duplex in a great, growing area of Fort Myers, FL. $380k, 2003 build, $30k of CapEx (paint, roof, AC, water heater), $3,300 monthly rent, $500 cash flow, 5% CoC return with a ...
Hi Everyone - I have 3 STRs and have gotten very serious with looking at the full financial picture on them now that we have a CPA. We just bought the last two in the last 6 months, but have had our first for almost 5...
opps meant to put "FORTUNE Builders"
I just left the Fortune Builders Seminar in New Orleans, La. It was the free 2 hour seminar. I did some quick research before hand to find out how much the classes would be that ...