Patrick Knapp
Raising rents on long term renters
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...
Brian L.
Landlord buying criteria
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...
Maurits Vandergeugten
Auction question California
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...
Nick M.
Revoking lease renewal
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...
Noah Nelson
MN MF Insurance
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...
Matt Tobler
Note to seller from buyer....good idea?
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...
Account Closed
Flip to Yourself? Profitable or not?
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...
Christian Podedworny
Building extra bedroom to make a 2/1 a 3/1 ?
I have recently acquired a 4 plex in Tampa which has 4 2 bedroom 1 bath units which equal 850 sq ft each. The way the Quad is constructed is 2 units on the first floor and 2 on the second floor. My idea was to k...
Sarah Brown
Newbie from Cincinnati, OH- Ready to get off the sidelines
My brother flips/rents full-time and I have been helping him on the administrative side of things-- managing his leases, finding properties, etc. My husband and I are interested in real estate and have 100k that we c...
Pearce G.
SD IRA - when can I start drawing income?
I'm 56. If I purchase a property through a SD IRA, can I start drawing income from it at 59 1/2?