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Hi, when analyzing multifamily using the 50%rule of thumb, would the same rule apply for 800 dollar rents like 400 rents? How would that work?
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My wife and I bought a home in upstate New York at a county tax foreclosure sale in march/April of this year. It’s in the county that borders ours. Great neighborhood, great school district, perfect location. The land...
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We've had a brutal winter in Chicago this year! Lots of snow and ice.
So a tenant in one of our building's rents an illegal basement apartment. We bought the building in Oct and inherited the tenant - I didn'...
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I'm beginning my first rehab in inner city Baltimore. I've read a lot of very useful information about shoring up rentals pre-tenant occupancy and during turnovers. I'd LOVE to hear what very specific fixtures peopl...
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I am sure everybody has encountered the nit picky tenant. They may be a good paying tenant, but they annoy you to death with every little thing wrong in the home.Obviously I pride myself on getting real repairs, repai...
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Hi this is Swanny,Please realize that single family, duplexes, triplexes and quads are valued based on Comparative Values or commonly known as Comps. You are at the mercy of comps when you buy, sell, or refinance the...
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Hello so an interesting subject always in my head is should I rent to section 8 or some other form of government housing? I know its a guaranteed rental income, but it is worth the hoops you have to jump through can s...
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I'm really excited I passed my school and state exam for RE! Im ready to select a brokerage and Im sure being a new agent may be difficult. So to start my career, besides spreading the word to my sphere of influence, ...
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Got a question for anyone:After having my grandparents home on the market for roughly 3 weeks and several viewings later with NO offers - we get one offer for $100 dollars above asking price LOL - ok so I accepted - h...
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I am wondering if you built up $10,000 or $25,000 or $100,000 in cash to invest, but were not ready to invest, where would you park your money? Would the "location" change based on the dollar amount?- Money market (FD...