You have to really sit down and consider all the income and expenses.

It sits right on the end of Lake Erie and gets ALL the lake effect snow.Not a show stopper, they know how to deal with snow and weather in Buffalo, but it is something to work into your numbers when you are doing your due diligence on a property.

Rents in the area are anywhere from $1k-$1300 a month.My plan was to get a hard money loan to get it going and fixed up and ready for tenants, then within about 6-7 months refinance the home with a traditional lender, then sit with that home for awhile until I get fully comfortable with the one house.

Purchase price: $3,975,000 Cash invested: $1,025,000 FIXER UPPER-Chateau Montclair sits on almost 6 acres & overlooks a 10 acre lake in the new exclusive gated community, The Montclair.

We went from a 2 bedroom 1 bath home on a little under a half an acre to a 4 bed 3 bath home and an extra building the prior owners called the "pottery barn" that sits on 2.5 acres in town.

"So, Mr Smith, in addition to doing plan take-offs and making sure the window schedule is correct, you're going to go sit with your supplier for a couple hours and go over details?

Purchase price: $3,975,000 Cash invested: $1,025,000 FIXER UPPER-Chateau Montclair sits on almost 6 acres & overlooks a 10 acre lake in the new exclusive gated community, The Montclair.

I’d look at properties that have been sitting a while that may offer seller concessions to help with the rate or look at a different market altogether. 

The performas given over and assurances by sales and marketing team of Krystal, Paul, Ross is misleading as they talk about section 8 tenants and then high sale point is that tenants are long term sitting and have been making payments.

I have 1 rental property that is a duplex as a house hack and the tenant that has been living there for about 3 months now is giving me some problems(not anything that cant be talked about and solved over conversation I just dont want it to get worse) and I want to go and sit down with her this upcoming week to have a formal meeting(not at the house) just to talk about some things, where could I do that.