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Updated about 4 hours ago on . Most recent reply

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Zack Whiting
Pro Member
5
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Beginner mistakes and what steps to take to fix them

Zack Whiting
Pro Member
Posted

So I am new here and to real estate investing. I have made a few mistakes that I could use some help/ advice to solve. 

1.) I have two rentals that I currently rent to a friend and the other one to my brother. With no lease or anything legit in place. I have been treating the rentals as a hobby.

2.) I did not include vacancy, repairs, management, and other cost, When determining what I was going to rent them out for.

How would you guys go about fixing these problems?

  • Zack Whiting
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