Hi everyone! I am new here and still relatively new to renting my house out, even though I've been doing it for about 7 years now. I'm only on my second set of tenants.My question/situation is:I rent my old house. The...
OK, y'all. Are you new? If so - pay attention...I got a PM today from a very nice guy. Very well-spoken, seemingly intelligent, and well educated.He introduced himself, and congratulated me with a job well-done on ...
I am an advocate of "its better to have it and not need it then to need it and not have it" I do know some people don't feel comfortable with open carry. I have heard the argument it is safer for some people to draw a...
Hello,I am becoming interested in possibly investing in hotels/motels in the future. I have been reading that the mid to higher-level properties are valued on cap rates just like apartments. I have seen a few on Loo...
I am very reluctant to utilize the financial information provided on the loopnet properties. I have just been looking through them trying to get a feel for NOI and prices on different properties. I have no intention o...
This will be my first multifamily investment. I am looking to be a buy & hold investor. I am in negotiations with the owner of a 13 unit apartment 1 block from the beach. The purchase price is $750k.Gross Annual R...
Hello everyone! I would like some opinions or advice. Here is me and my wife's situation We bought our townhouse for a little over 60k and closed in September of 2016 (and this is our residence) our HOA is $125 a mont...
Hi Everyone,I recently went under contract for a package of three houses with a 21 day due diligence window and a closing period of about 60 days after contract signing. This is a transaction in North Carolina and we...
Hey guys. I am super excited to be part of this community, and wish everyone tons of success!On to my question- so I just purchased my first multi family property, it is a 16 unit property located in Texas. We just w...
Hello,
I've done a lot of looking around and have read many different posts but have not seen anything that closely resembles my situation. I'll try and lay it all out but if I miss something please feel free to ask....