I am aware of and follow the 1% "rule" when analyzing a new property and setting rent rates. Now I would like to have a discussion what Landlords are doing with rent rates seeing that property values have went up so m...
How's the market in Cleveland, Ohio?
Hi All, thanks in advance for the feedback. On a 1 BR duplex, Is garage conversion to make a second bedroom a viable option to increase rent and ARV? Thx, Bruce
I am just starting out exploring options for private lending for Brrrr deals. I seem to have maxed out what I can easily borrow from banks with my current 5 units. I have good income, credit and equity, but I simply h...
I have a unique situation with an inherited IRA from a sibling that passed a few years ago. I could potentially purchase 3-4 units (down payments) with funds from this account over the next few years still leaving a g...
Hello all, looking for advice. I am new to becoming a Landlord and I had inherited a problem Teannat that I no longer want to deal with. I had originally served her as soon as i had closed. She had lived there for a f...
Hi,I'm new here but have found valuable information on this site so I decided to join. We currently own a townhome in Virginia since Nov 2015. We are now debating about selling it vs turning it into a rental propert...
Hi,I own a multifamily property in Inglewood, CA. It was originally built as a 6 unit ( 6x 2br) in the 1960s. In the late 80's the owner converted it into 4 units (2x2br 2x5br) in order to get a conventional loan refi...
What's the most influential book or resource you know of for acquiring large multifamily properties?Thanks in advance
I have recently been connected with JAX investments through a friend and have spoken with one of the founders. The overall market trends, cash flow, buy and hold strategy for single family homes seems good. I know 2 p...