We inherited paid off rental properties. 1 house, 2 duplexes We have put in a lot of rehab in the properties to increase rental potential. We were told from a credit union bank we could only pull 50% of home value. We need 75-80% and need to pull from all 3 properties. Does anyone have any sugges...
I have been exploring the idea of doing a live in flip or "modified" house hack. As a back ground, I have a senior and sophomore. So, I don't want to do anything too drastic like living in a 2/1 apartment. But, I am looking at potential ways to decrease my monthly expenses or utilize my money for...
Here's a question I've been thinking about: Would you knowingly purchase an investment property that generates negative monthly cash flow if you believed it had strong potential for long-term appreciation? Some investors prioritize cash flow because they want their properties paying for themselve...
By no means am I complaining; It seems as the more I get after deals, the more unique lenders I encounter. How do I know which lender to use or what scenario works best for one lender over another. There are some advantages I’ve noticed so far single family fix and flips. One lender offer 100% pu...
A property can look attractive on paper, but what happens when property taxes increase, insurance premiums jump, or an unexpected repair wipes out several months of cash flow? Im curious how investors account for those realities before buying. Do you prioritize: * Strong cash flow from day one? *...
A vacant unit in winter is where small misses get expensive. Here is the checklist I run the day keys come back. Utilities first. Transfer gas, electric and water into the owner's name the same day so there is no shutoff gap. Set the heat to a steady temperature and read your insurance policy's v...
When it comes to building a relationship with a property management company, what do you value most? Whether it's communication, transparency, reliability, or just knowing your clients and investments are in good hands. Curious to hear what everyone looks for in a property management partner and ...
I've done everything right. I bought low. You stayed on budget and finished a major renovation, including roof, electrical, plumbing, added bedroom, bathroom and walk in closet, redid hardwood floors, new kitchen, sheetrock and paint in 5 months. The numbers still look good but now the house is j...
Anyone have a good calculator I can use when trying to get an estimated rehab cost for a property in the Los Angeles Hills? I really don’t want to screw up the underwriting.
Hi, My property manager runs runs disbursements on 15th or later depending on weekends or long weekends. It taking around 7-10 business days to show on my bank account. Technically I am not receiving rent till month end unhappy ideal path. If tenants delay rent in unhappy path he does not run ano...
Renting out your bedroom to a friend is cool but using a low down payment on a fourplex, renting out three units to cover your mortgage, living in one unit, AND THEN renting out your empty bedrooms is pretty much househackmaxxing to the extreme. I dont know if this is the right place to post this...
I have been focused on one zip code in Delray Beach - 33446 - specifically townhouses in Monarch Lakes and a few around. I pulled 200 owners who have owned 20+ years and live out of state - Michigan, Ohio, New York mainly. I skipped the big list companies and tried to find real cell numbers, 2022...
1. Scope before price. I walk every room with the contractor and write a line-item scope, so every bid is apples to apples. 2. Rental grade, not retail grade. I use durable LVP, neutral paint, and mid-grade fixtures. The goal is lower turnover cost, not a magazine finish. 3. Draw schedule tied to...
My husband and I purchased our first duplex in Columbus, OH, in early August for $430K. We live in Massachusetts, and this is our first multifamily and first out-of-state investment. We budgeted around $40K for repairs and renovations and interviewed four general contractors at the property befor...
November question for the buy and hold guys — I’m in Delray Beach, 33446 - Monarch Lakes townhouses mainly. I have one that can close mid-Nov - $242k + about $60k rehab, ARV around $420k, rent $2100 low end comps. Rehab done in Jan. My CPA says if I close in Nov and place in service before Dec 31...
Leave a one-star review and watch what happens. Somebody calls you back by lunch. There's an apology. A plan. Maybe a manager on the phone. Now try it the other way. Write a company and say, "Your maintenance tech did a great job. Fixed it right the first time. Your residents love him." Crickets....
Hello everyone. My name is Jake and this is my first post. I have been wanting to get into real estate but have been too scared to pull the trigger on anything so just looking for someone who has more experience that can give me some advice on which route I should take or if it’s even worth it fo...
If you’ve financed a rental in the past year, what did you pick, fixed or ARM, and why? If the Fed hikes again in December, would you make the same call? Give me the loan type, the fixed period, and the one reason. The best answers run in Thursday’s Investor Brief.
The building had twelve apartments. Eleven were occupied. The twelfth, Apartment 7, was empty. This was considered a serious defect. The broker described Apartment 7 as an opportunity. The seller described it as temporarily unoccupied. The lender described it as a risk. The appraiser described it...
Hey all, I’ve got a single-family in Texas that I bought with hard money and the rehab is done. Looking to move it into a long-term DSCR loan and trying to get a feel for what’s actually doable right now. Curious what people are seeing for: • 75% or 80% LTV on a refi out of hard money — is 80% re...
Before I bought my own rentals, I spent time around affordable housing multifamily. Seventeen years into self-managing value-add single-family and 2-4 unit properties in Columbus, a few habits from that world still pay for themselves on a duplex or fourplex. First, unit turns run off a checklist,...
Hey everyone! I'm based in Washington, DC, and I'm working toward building a long-term multifamily real estate portfolio. I recently put an offer on a four-unit property, so I'm getting closer to taking my first steps as a landlord! My strategy is to live in one unit and rent out the others to he...
Several years ago I owned multiple long-term rentals in Orlando. Today I run my own portfolio and co-host short-term rentals for other owners, mostly as a mid-term/short-term hybrid. People sometimes talk about LTR and STR as two different businesses. In my experience, most of what makes a furnis...
Hey everyone, Looking for some advice from people who have been investing in multifamily properties longer than I have. I bought a fourplex in Washington, DC, in April 2026 for approximately $1.47M. Each apartment is a 3BR/1BA, around 790 square feet. I’m currently living in one unit and trying t...
I am a newer commercial buyer working net lease retail in GA, SC, AL and north Florida. Mostly single tenant, under $2.5 million. That's the kind of box. Dollar General, Family Dollar, Walgreens. I'm not sitting on the sidelines reading about it. I have LOIs out on three single-tenant stores in t...