Stephen Homes
Tenant candidate with eviction record wants to pay 1 year rent
I have a tenant candidate who has evictionS on his record. Currently he doesn't work and gets unemployment, is a student and his fiance who is the only one working. Two kids. He showed proof that he can pay 1 year.Wha...
Jayna Stevens
Market is too competitive
I'm trying to find a property in my area, its not even a busy city just rural MN. There are no good deals in the area. Anytime one pops up there are all cash offers on it within the same day it pops up. Ive been tr...
Justin S.
what to offer on a 10 unit
Any thoughts on the numbers here please let me know. Rents are very low. A widow has owned an managed it herself for 10yrs and hasn't raised the rents in about 5yrs.Ok here is the deal:All brick 11,100 sq ft 10 unit1...
Account Closed
How to choose a multi-family realtor?
Hi, I'm new to the site, although I've been lurking for awhile. Later in 2016, we plan to buy our first investment property. We're shooting for a small apartment building in the 8 to 14 door range. That being said, we...
Albert Chun
Out of State RE Newbie: Turnkey or Value Add?
Hi all,I’m new to real estate. I have 15k to invest, and I’m interested in doing RE for the long term.I’m priced out of my area, and I’m looking to invest out of state. Particularly Memphis, Indianapolis, or Ohio. Fir...
Kiersten Hegna
Townhomes and condos vs. stand alone single family?
Are townhomes and condos good for starting out or is it harder to get cash flow and appreciation compared to stand alone single family property? The prices in my area are much more approachable for the former
Wilber Perez
Down payment needed
How much down payment is needed in this market to cash flow? I am looking to house hack but wondering how much I need? I’m in Chicago btw
Douglas Furia
Property Insurance in Class C areas
I've been running the numbers on various properties in Toledo just to get a feel for different scenarios. When I get insurance quotes in lower income areas around Toledo, rates seem to go through the roof! I'm talking...
John Yoo
Refinance multiplex (4 units)
I purchased 4 unit property in 2022. Purchase price was 250K and rent was $2225. Now all the rents are near the market rent (i.e., $4041). I didn't do any rehab but replace the flat roof.So here is my question. If I s...
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Nothing quick about getting rich with real estate
Nothing quick about getting rich with real estate
A real estate seminar promoter promised to create 1,000 new millionaires, but so far none are in sight. See what happened to his believers.
By MP Dunleavey = http://...