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My wife and I are about 3 years out from retirement. Both kids will be out of the house and we are looking to downsize. We have identified one of our rental properties to be our primary residence when we do this. We h...
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Update: I earlier posted about being a newbie and the opportunity to shadow a property manager of a medium size apartment complex...Just recently I was allowed to study the 13 month trend report and other financials. ...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $270,000
Cash invested: $54,000
I purchased six doors in March of 2022 - my first multi-family purchase. Tons...
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Hi all, we have closed on a 4 unit in January this year in Allentown PA. So far we have done some cosmetic repairs, and are hoping to renovate the unit in the worst shape once the tenants move out this month or next m...
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Only have experience with Single family and would really appreciate anyone who can share their input!Build in 1983, 5 unit 2nd row from the beach rented on a long term basis. Rents - 3br $1250, 2br $850, 1br $750, $67...
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Going prices for trendy areas in Salt Lake seem almost out-of-control. Avenues, Sugarhouse, downtown seem to be very hot with some pretty beat up properties listed and selling for some pretty rich sums.I'd like to hea...
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The Consumer Financial Protection Bureau ("CFPB"), through its sponsors in the Treasury Department, and the Conference of State Bank Supervisors ("CSBS") signed a memorandum of understanding ("MOU") relating to inform...
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Hi,Does the type of lease term make a difference when wanting to do a DSCR type refinance loan? I have some leases that are Month to Month and I just want to make sure that will not hurt me during the process. Whether...
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Hi all, Trying to brainstorm if this is a good or terrible idea. I would love to spend my retirement in Florida. I am debating if I should buy a decently priced home in Florida using a mortgage, rent it out as soon...
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Looking to invest around Lake Nokomis/Richfield/Bloomington, MNI've been doing some reading, and with the prices in my area I don't have enough funds for a 20-25% downpayment for multi-family properties. I have almost...