If you had the option, would you inherit a tenant that is $500 (1 month's rent) behind on rent or would you have the seller evict the tenant prior to closing?  Thanks in advance!!

I listened tony the podcast 21 1/2 tips last week and while some of the tips did not completely fit for me as a real estate broker, one made perfect sense: the posting on Craigslist that I buy houses for cash. I put a...

As an amateur starting out, is it better to start with rentals for cash flow or flipping? 

I know that it is common to have PM charge a % of rents. However, I don't quite get that logic. If I have a duplex with $3500 per month rent in high end 'hood and one at $2000 per month someplace else...well, what's t...

I'd love to know who would have taken this deal. 300k offering price for an 18 unit apt building where the gross potential rents were 6500/month. Unit mix is 14, 1 bedroom units leasing for $385/month and 4, 2 bedroom...

I have a client who owns 1.15 acres of land that was previously approved by the city for 5 additional lots. Although, the timing on the permits has passed, and they would need to be applied for again. But they did hav...

Hi, I'm in the process of closing on my second deal. I have an 8-unit apartment and soon 4 duplexes. Both are Class C properties. Because I require lending I struggle to make the numbers work on Class A properties (ho...

Hello All,

I've called a few hard money lenders to get funding information. They all have told me that I will need to have an LLC before they can start the process. Are there any hard money lenders that lend to indiv...

I am considering purchasing a single townhouse to rent out. There are three other units connected to the townhouse but they are owned by 2 other individuals and are not for sale. Only one unit is occupied and the u...

We have been narrowing down where we are interested in investing in Birmingham. I had a realtor recommend the Eastlake area. He mentioned it is an area that has some nice streets and opportunities. Looking at the guid...