Rental and Cashflow Property - Management, Strategies and More

i just bought a new 4 family and i offer free hot water and heat, however i wnat some tips on keeping my heat bill dowm. Should i even offer that someone help me out before i commit to this decision.

Hi Graziosi family. I am new to this site and I am looking for any advise that you guys can give.

I bought an investment property in florida 3 years ago and now I owe more than the property is worth.

I am not sure what to do. I have done some research on shortsle and forclosure. Currently the is not rented and I am paying the morgage out of my own pocket.

These the options that I have:

1. Do a shortsale. There is no quaranty that the Bank is going to accept the foreclosure, because I may show that I can't pay the mortgage. The other issue is that they may accept the shortsale but then issue me a note for about 20000 usd and because it is not my primary resident I might have to pay taxes on remaining balance. I am currently in a 25% tax bracket.

This article is found at: http://blogs.wsj.com/developments/2010/03/03/renters-poised-to-lose-thei...

By Emily Friedlander

Bloomberg News
New Yorkers briefly enjoyed a superior bargaining position.

Renters–the ones with jobs anyway–have been having a good run the past year or so. But the party may be drawing to a close. The evidence, apartment operators are gearing up to build new rental units.

This year, real-estate investment trusts, or REITs, are expected to start close to $1 billion in new multifamily projects, according to real-estate research firm Green Street Advisors. While that still is less than average, it is a significant increase over the $100 million of development starts in 2009.

Has anyone else had this problem and if so what can be done to rectify it. I purchased my first property in 12/08 for $60K and have a mortgage of $48K. It is rented out for $750 a month so I have very good cash flow. My problem is that I tried to refi after a year of seasoning but the appraisal came in at $64K. When I purchased the house a year earlier it appraised at $86K. I was told by the mortgage broker that my purchase price affected the new appraisal, and that there was nothing I could do. I fully expected to be able to pull cash out of the property to fund further projects. I am now pursuing assignments to bolster my cash position but would really like an answer to how I lost $22K in property value within a year and is there anything I can do to rectify this loss?

we are looking to do our first deal for cash flow purposes and looking at a duplex property with tenents.each paying 1000 per month.
the FMV is 123k and it lists for 105k. the neighborhood is ok. so the deal looks ok, but having never been landlords before we are hesitating not knowing anything about the existing tenents. is there a way to dig up their financial history? are we foolish to even be concerned?
thank you..bodeen

Hello all! I'm about to close on 2 March on a 3/2.5; 1100 sq ft; built in 1990; SFH for $42K. I'm putting down 20% ($8,400) and personally financing approximately $10k in repairs. My mortgage is: $325 (PITI). The appraisal came back as $55,000 "as is". The comps in the area are $67k-88k. I'm trying to decide whether to flip it or rent it. The rents in the general location is $600-$750. I want to buy more properties throughout the rest of the year, but I don't want to deplete my personal savings. Assigning properties is also a goal of mine...Any suggestions?

From my days in Hotel and Resort management, I learned some tricks that help reduce liability on income properties. Obviously larger properties like hotels and resorts have extensive experience when dealing with liability. I am going to focus on just a couple of items here, but hopefully one will help you with properties you might own or manage.

The first one is documentation. In legal proceedings I have been involved with, documentation has been the key to my success in defeating certain legal challenges.

Hi,
My first attempt at real estate was not successful and was wondering what anyone's thoughts are about how I should move forward.

What is the actual difference between a lease and a rental.

Are Mobile Homes or Manufactured Homes a good way to invest for positive cashflow? Is there anyone who has experienced this type of transaction? Is there a positive outcome with these types of homes? I have not yet come across this subject in any forum.

Ms.C