Several years ago my husband and I, 1031 exchanged into a home with several unimproved lots. It is zoned R-3. We would like to build multi family on these lots. What are the rules for improving on 1031 exchanged pr...
Hello, I need an egress window installed as part of work to have a conforming 3rd bedroom. I want to do this soon. Pardon the statement of obvious: ground is frozen in these parts. I still want to do it. I see one com...
Hey I have a condo in Milwaukee that I have been using as an airbnb investment property. I recently received a letter from the HOA stating that AirBNB is now not allowed and will face a $500/ day fine. I was wondering...
I've got tenants at 3 separate locations who appear to have other people living in the homes who are not on the leases. But the homes are well kept (inspections passed), no problems have been caused, and rent is paid ...
Hello everyone,Technically I'm not starting my career in real estate, I have 4 rentals, I was pretty much an accidental landlord, that started out with 2 rentals and now I'm up to 4, I credit this to the recession pri...
I have been battling a groundhog in the backyard of one of my rental properties for quite some time now and I'm running out of things to try (very persistent groundhog...). The fellow lives in a fairly overgrown buff...
I have a potential tenant that would like to pay the entire years rent up front. I have already screened tenant through an online service and was wondering why would tenant give me over 15k instead of paying monthly...
Let’s talk Return Metrics...There are four main return metrics in real estate deals: equity multiple,
average annual return (AAR), internal rate of return (IRR), and average
cash flow. In this post, I’ll start w...
Hi everyone, happy Monday. Has anyone had any luck finding a lender who would finance 80% of the PP, out of LLC, based on projected STR income? Or using existing properties as comps? TIA.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Columbus.
Purchase price: $300,000
4-units. 1 bed/1 bath, each
Experimenting with STR for one unit.
What made you in...