Par Attaran
Found a home that needs ton of work, find a contractor on CL?
Curious how you guys go about finding a contractor that will walk through a property with you and give an estimate on repairs ? It appears to be a deal if the rehab isn't too crazy, but want to be sure before buying. ...
Brian Larson
San Jose, CA Duplexes - No cause evictions
BP Community,Can anyone share their experiences with 60-day no cause evictions for duplexes? I have worked with larger apartment communities in the past but I need to confirm if there are any different rules that I m...
Brian Fiorillo
Purchasing A Property The Current Owner Is Upside Down In
Hey All,
A bit of a newbie here, but I came across a multifamily deal where the current investor is upside down in the mortgage. He purchased the property in 2004 for $95,000 and currently owes roughly $65,000. From ...
Gabe Goudreau
Planning For Unseen Expenses When Investing In Rental Properties
Hello,
I recently listened to Dave Ramsey dissuade a caller from purchasing a multi-family building, and I believe he made several valid points. He said that one of the main issues is that the buyer didn't have the...
Christy Snoke
Need advice on selling
At the spry young age of 22 I bought my triplex in Ohio in 2005 for $69k and no money down as an investment to pay for college. With the help of some family and friends, we renovated and filled the apartments within ...
Demetrius Harrell
First rental property... I am nervous!
I have property in Conyers, Georgia that I would like to rent out but I am nervous and it has overwhelmed me a little bit. I appreciate some advice and recommendations for properties managers in or near the Conyers area.
Joe P.
Initial Rent & Deposit?
Hi all,I just purchased a property in Gloucester City; its a duplex with one unit rented, and another vacant. I've been trying to get tenants in with not much luck so far, and I had one prospective tenant say that my ...
Jeff S.
How to get a 5th mortgage?
I own 4 condos in Chicago, I live in one and rent the other three out. I would like to start buying investment property in Florida but was told by my lender that you can only have 4 mortgages on homes. Other than bu...
Kyle Steiner
Sell California Condo or Sell and 1031 into OOS Multifamily?
Edit: The title should have been "Lease California Condo or Sell and 1031 into OOS Multifamily?"I have a condominium I bought about 5 years ago for $60,000 that I can sell today and walk away with about $100,000 after...
Steven Skinner
Owner-Financing: Seller Carryback vs. Land Contract
So...I've been reading way, waaaay too much about the subject of owner-financing within too short of a time-frame over the past few days. All of the facts and technicalities are starting to run together in my head. Yo...