Hello, does anyone know if Minnesota is wholesaler friendly state. I read in a blog post that some states are cracking down on wholesalers. Any advise is greatly appreciated.
All, I am leaning more towards selling my Duplex. Here are my numbers:After all the expenses, my take home is around $1600/mth. The property appreciation is around 4% / year. This is low as compared to SFH. Not to...
I have my first time dealing with a tenant who has trashed the home. Roughly $16,000 in damages. I realized there is a little I can do now but I’m looking for recommendations to avoid this in the future. Is there insu...
Hi all, I need some help analyzing a potential deal. I will provide the basics of the scenario:2 properties for 1 price: Sale Price : $56000 vs $50000 Total rent : $1450Vacancy (8%) : $116 (although both properties te...
While my 4plex is in a "C" neighborhood, I like it to be the nicest place on the block. I think it helps attract good tenants, better rents, less vacancy, and less headaches in the long run. I have a nice garden th...
I have gotten my first deals from the MLS, but have noticed a few neglected homes while driving around my hometown that I want to send some letters to. This is my first attempt at generating leads in this manner and I...
Hi everyone!At one of my APT buildings, I have a 2nd story catwalk that needs replaced. The previous owner used NON-Pressure treated plywood and laid some regular carpet down on top of it. Problem is the carpet above ...
When starting up a new company and seeking funding, are you able to or is it taboo rather, to ask for payroll and/or operating fees during that start up?My scenario would be a start up property management company that...
If you were to get a BRRR that you could pull all of your money out and some but it didn't cashflow really, would you still keep it? I know this depends on goals, etc. But in the overview, you get a rental property wi...
Hi all,I am going to be in the market for out of state rental properties and most likely will invest with a turn-key company. What questions do you normally ask or would you suggest asking a turn-key provider in an in...