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Any one here known how to start a property management company.
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Could use some help in analyzing this deal. I'm trying to buy 2 more rentals. One is a one bedroom that gets $325/month for rent. Insurance costs are $35/month and taxes would be around $35/month.
I can buy...
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Hello!I’ve been going slightly insane trying to figure out how debt to income ratio (DTI) factors into getting conventional financing or a HELOC on investment property. My current understanding is that cash flow posit...
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Hey guys I am gonna be getting 4 properties that are grossly under market rent and want to get you option on how you would raise rents.Units are renting for 600-700-750 and 900$900 in on a lease so I can’t do anything...
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Currently talking to a seller of a 4 family in NJ. She's motivated. The house ARV is 480k. Rent roll is $5600/month. The property is in very good condition and had updated kitchens and baths 4 years ago. It needs...
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We were successful bidding on a property at the ushomeauction this apst week. The bidding started at 19k and our winning bid was 65k. We received a email the same evening with the following message: "I have attached a...
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Hey All!Situation: I purchased a property in Nov 2016, inheriting a habitually late tenant. In December 2017 he was late and promised in Jan 2018 he would pay on time. Well, he's late again and claiming he will pay by...
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I am having trouble finding an insurance company for my first multifamily property. The closing is scheduled for Oct. 31st. The current owner pays $1800 a year and the first quote I received was $6000! I am expecti...
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Hi my brother and I are making offers on our second flip. Would it be a good idea to send in a spreadsheet or an explanation of why our offer is so much lower than asking with our offer? Without using a wholesaler w...
My Partner and I are just getting started in the investment part of Real Estate. We recently attended a free seminar by KeySpire's Scott Mcgillvray in Tampa Florida. We received a lot of good, basic information but, w...