I have had tenants leave a mess behind, but fortunately none has been as bad as this tenant from Australia. Check out the video. I hope no one has had any issues quite this bad.
http://tvnz.co.nz/close-up/landlord-...
Newbie here (2nd post). My partners and I are considering rehabbing an 8 unit mixed-use building in Greenpoint. At what rate do we calculate appreciation for such a property? Is that number a pure guess or is this ...
I am in an unusual position. I have taken over the family trust but it is specifically written that I cannot sell anything until my older sister, who is mentally handicapped, passes away (except if needed to pay taxe...
I am looking into a 25 apartment unit. Here are the #s:
List Purchase price- $745,000
Down payment- $90,000
Gross Rent (with 5% less vacancy)- $171,420
Less Expenses- $82, 930 (46%)
Net Income- $88,490
Mortgage/Deb...
Hey BP!
Hope all are well and family and loved ones, too!
My question is regarding a refi/cash out on a multi tenant with 37 units, based on rent roll and comps, my loan broker and I estimate the LTV to be conservat...
Hey guys,Some of my advertising has brought me buyers who are looking for seller financing options. I know where they want to go, they have good option fee money to pay with and have good income history. I just don'...
Good evening. We have just been hit with cold weather here in NC. The past week has been brutal, of course relative to how it has been. Of course 2 of my properties are experiencing plumbing issues. You know the most...
Hello! I have a 35 unit deal I am underwriting, but it is a loan assumption. First about the deal, 30 units are apartments there is a separate building attached to the land that is 5 retail spaces. Anyways, I know the...
After looking at overpriced duplexes in Dallas, I found a great property that had been on the market 3 days. I put an offer on it for full asking price which was unusual for me since I usually start lower than ask...
People are trading homeownership for rental properties in large scores.For the last decade the number of renter households has been on the rise. A Housing Vacancy Survey found that between 2005 and 2015, the market ex...