For the last 4 years I have purchased 7 rental homes that are all renting but similarly to monopoly it’s time to scale.

Hello Everyone! I am looking for some advice here! Me and my partner moved from Utah to Maryland for school recently and we have a townhouse that we are looking to rent. we are currently remodeling and changing a few ...

My property has new roof and new sewer and all tenants have renters insurance.

Imagine if you had one single-family home.

Purchase price: $105,000 Cash invested: $90,000 Property needed some serious rehab, from trees roots destroying the basement walls, to plumbing, electrical, to roofing, landscape.

New roof, exterior paint, interior paint, new bathrooms & kitchen, new flooring, new appliances, granite tops.

New roof negotiated into purchase.

It isn't like this a condominium where assessments are paying for common parts of the building like the roof, etc.Prior to this, I didn't have much experience serving on an HOA board and have therefore relied on the management company for their opinion on certain decisions. 

If you’re in the position to buy multiple deals because this nursing home may get properties frequently.

If that is all ok then get a very good local realtor to run comps in that area to determine the conservative value of the home once you've completed the renovation work(ARV).