Here in Michigan, I've ran into an issue of a 2 unit that has been functioning as a 3 unit for 19 years. It has separate meters. I bought this spring, and began renovating. When I went to rent, several neighbors calle...
I am a new investor, haven't even purchased my first property. I found a home in a great neighborhood that is vacant. The neighbor was out in the yard so I stopped and asked him about the house. He said it's been v...
Hello all, I am hoping you guys (especially lenders) could chime in on this. Long story short, I have agreed to do a cash out-refinance of a free and clear property, 75% LTV at 4.5% interest.About three weeks or so, i...
This is a pretty broad question and I'm sure it depends on the type and level of insurance the landlord buys, but it may bring up a nice discussion, so when is landlord insurance used outside of a major fire or disast...
So, I just purchased my first investment property in Philadelphia. It needs minor work I think (it definitely needs new flooring and painting, but I also might want to replace the ugly kitchen and bathroom). I will ...
Just curious as to what variation of Lonnie deals other folks out there are performing? I run an investor model of the deals as a variation, just wondering if others are doing the deals and have modified it in any oth...
I have to replace the roof on one of my properties and received a quote from a roofer. He sent me a copy of his insurance, but he doesn’t have a license because him and his partner split (the license was with the old ...
Here’s why many investors switch to commercial multifamily 👇Let's say your rental property makes $200/month in cashflow.
Which is $2,400 annually.
This will WIPE OUT your cash flow:
❌ HVAC repairs
❌ Turnover co...
Wondering what cabinets flippers and BRRRs are installing. Hardwood, MDF, Plywood, etc ? What is best? What is most cost efficient? Any advice on which RTA dot com to source? I am working on my third buy and hold BRRR...
Hi everyone,I'm Amicia and I am from the island of St. Kitts in the Caribbean. I also have links to Dutchess County in New York, which I'm hoping to capitalize on as I start my real estate investing journey. I studie...