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I had a new tenant (roommate) want to move in same day. I said a Thursday move-in is what I'm looking for. I told this person that I would send them the rental application. They said they had people that could vouch ...
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We are the buyers in a 4-property multi-family deal. The property inspector we usually use wasn't available. The seller's agent/listing agent recommended someone she's used before, and we agreed to hire him for the ...
First off, I am new to the forum but have learned so much. Some info:I will be buying a short sale for $110,000 in need of renovation (estimate around $70k updating everything including electrical/plumbing) that is i...
I, like most of owners with more than a handful of leases, tend to put some sort of separation between the tenants and me. With most properties, this separation, usually via a management company, is desired to preve...
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Hello BP community,
Earlier this year, I started my real estate journey. For the past few months, I've been accumulating as much information as possible. I've read a good amount of books, been listening to podcasts, ...
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Hi Everybody, I'm looking for some ideas/advice and wondering "what would you do" if you were in my position. This is for fun but I'm seriously looking at hitting the reset button for the next chapter of my life and I...
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I own a 3-unit multi-family with a business partner. The mortgage is in the name of my business partner. The interest rate is 4.5. We put 5% down when we first purchased it in 2019. The loan is not assumable. I want t...
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Hello everyone,I have not focused any attention on multi-family know-how here on BP since I didn't see myself having the resources to tackle such a project as a new investor. Then someone I know mentioned there is ...
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I'm curious to know what locations you are seeing cash flow if buying at current interest rates (7.5-8%)?How much is the property, and what cash flow are you seeing?Thanks!
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I set up a campaign where I ordered post cards from yellow letters.com 3 weeks ago with a list I purchased from list source.comI also paid to have letters sent 3 weeks after. They still have not mailed my post cards a...