We begun an eviction on Monday with some tenants. I sent them an email explaining the process had started and that no partial payments will be accepted from this point forward. The next day they sent a few hundred buc...
A fellow investor presented a short-term investment opportunity to me. She asked that I provide 100K to help with the acquisition of a fully occupied 4-plex for a period of 3-6 months. Consequently, I'll receive 1.5...
Hi all, I need to fire the current property manager, I was not able to get in touch with him as he never picks up the phone. How do I do it so I can 1) get him to release the rent for this month 2) have the tenant pa...
I bought my first house in 2022 but I had to relocate because of my job. I tried to get help from a Property Management company to rent out my place but their fees were higher than I thought and I was all confused si...
Please help me look at this deal. I am getting really close to my first purchase. Have been learning all I can here, but feel nervous about my interpretation of how to analyze a deal and I know many of you can do i...
I’m in a bad deal and I want to know how to structure an owner finance transaction to minimize my losses.Quick Backstory: I purchased a deal from a wholesaler in an investor-active neighborhood, but estimated too high...
SFR rental in Santa Rosa, CA is projected to be $916 monthly negative. Rental income is $2400/mo. Operating expenses $1571/mo. Current mortgage payment is $1745/mo. Expenses include $240/mo paid to one partner for PM...
I have been searching some local small banks for refi rates on total cost and rates. My idea is to go conventional loan for 20 year or 30 year. With no money out of pocket.I have a duplex that I purchased for $155,00...
Wanting to buy a house with my brother to start acquiring houses. He is able to move every 12 to 16 months. He will be living there as he rehabs the property. I am married, and my wife does not want to have anything t...
Hello everybody. I have been conducting my first analysis on a quadplex and I think I may be doing something wrong. After I put in all my numbers and edited the report (the purchase price) about 15x I found out I woul...