I purchased a rental over the summer that was already occupied. The lease and other documents provided by the former PM clearly stated that there were no dogs in the household and that pets would only be allowed after...
Hi everyone I need help. What are the pros and cons to Cash out refi? How do you make your money or credit make you money? What should I be aware of? What would you do? The goal is to create income.I have 2 rentals $...
Greetings from the wind city! My name is Stephen Garmon and I'm located in Chicago, IL. My 5 years in Chicago have shown me that real estate is where I need to be. Over the last 4 years I was running a couple of busin...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Phoenix.
Purchase price: $762,500
Cash invested: $236,500
14-unit of 1BR & Studios that I purchased after another inves...
HI All this is my first time posting in the BP forum!
I am moving from my 2-family house to a new single family house in a few months. The house was bought in 2016 for 600K and has appreicated to around 800K (based o...
I need some advice.I’m in the metro detroit area and I’m looking to purchase this multi family property that only has one furnace for both units, water and electric is separate. My question is I guess will be responsi...
We own a vacation rental in NW Lake Tahoe that we love and is doing very well as an Airbnb. We are gearing up to purchase another property in the next year or two and are debating....do another one in the same area, a...
My brother and I are looking to get started in the vacation rental property business. We have $100,000 saved between the both of us but are not really sure the best way to go about investing it. Would it be smarter to...
We have just purchased our first buy and hold. We are in process of completing renovations and will put it up for rent soon. I saw that several others recommend Replacement Cost Coverage vs Actual Cash Value Coverage,...
My wife and I have been buying rentals over the past few years. We now have 5 tenant occupied homes with no mortgages. Our cap rate ranges from 8 to 12% on these units. It took us several years to get here as we were ...