I am finishing up my first year as a landlord. My question is this. I rented to three people on the lease. One of them is leaving and another person is replacing that tenant. Do I need to draw up a whole new lease?...
Investment Info:
Condo buy & hold investment.
Purchase price: $550,000
Cash invested: $16,500
Bought a BRRR as my first investment property. Remodeling it then will rent it out to cashflow. We bo...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $380,000
Cash invested: $65,000
Beating a $1M proof of funds and an uncapped escalation clause by waiving inspectio...
I’m looking at adding to my portfolio and was wondering if a place with an elevator is a plus or a minus. Do the benefits outweigh the cost? I would’ve maintaining it myself it’s a 3b 3ba.
Investment Info:
Office Space commercial investment investment in Everett.
Purchase price: $2,500,000
Cash invested: $500,000
Invested with partner 50/50. Building was 70% vacant by the end of 2019. ...
If I purchase a rental with a commercial loan from a bank in an LLC, will that loan affect my debt/income ratio and my ability to get a Fannie Mae personal loan in my own name? I'm trying to maximize my borrowing abil...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $200,000
Complete rehab. House was taken down to the studs. Learned a lot from this one.
What made you intere...
Many new investors are getting mis-leaded into thinking that the number of units someone has equates to more success. Please add additional comments to assist new investors with this topic.
Just because someone h...
Hello,
I see a lot of advice pointing learners to join their local reia. I checked nationalreia.com and, as far as I can tell, there is not one that meets in Louisville, KY. Does anyone know of another association ...