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Results (10,000+)
Darvin Johnson Let's Talk About Cash Purchases!
6 February 2022 | 4 replies
I've painted, updated outlets, lighting/ceiling fans so far.
C. Buzzetta Can stupid people successfully invest in Real Estate?
12 May 2021 | 15 replies
Many investors make good money, but they are miserable.There are several serious assets a person should have before they jump into real estate investing such as:a) enough cash to handle the unexpected repairs, vacancies, tenants who don't pay rent and legal costs,b) enough math skills and many other experiences about properties to understand whether or not the purchase of a property will result in a profit,c) enough math skills to calculate your profit at the end of every year and this includes understanding enough math to calculate your profits from depreciation, rent income, rent increases, property appreciation and increased property value that results from rent increases e.g. using the Gross Multiplier.d) the mental maturity and skills it takes to deal with tenants who, who destroy your property, don't pay their rent and then to deal with evictions and attorneys without getting stressed and going insane.e) be knowledgeable about real estate rent laws andf) ability to produce accurate bookkeeping records for banks annual audit and the IRS audits.So, when many people ask if the real estate business is good to get into I don't think it is right to just tell people, "'Anyone Can Do It".
David Plaunt Seller filled a vacant unit during the middle of our deal: part 2
10 May 2021 | 0 replies
Although the terms of the unexpected new lease are not ideal, that was not the deal breaker.
Michael Johnson Pros and cons of section 8 tenants: Chicago
21 May 2021 | 19 replies
Other simple things include grounding/reversed polarity of outlets (you can buy an outlet tester at Home Depot for $5), using foil-faced tape at furnace & water heater flue pipe connections, operable smoke/CO detectors, cracked/chipping/peeling paint if your applicant has children under the age of 6 (I think?)
Patrick Tatro Starting out with turn key
15 May 2021 | 6 replies
Usually unexpected repairs.
Ken Primrose Balancing property management contract/payment?
12 May 2021 | 4 replies
. - over last 2 months property manager has made about $750 extra payment while I have lost about $2000 unexpected losses and it’s all a result of the property managers decisions.
Sean Byrd Buy A QuadPlex with NO seller's disclosure
13 May 2021 | 26 replies
Put some unexpected repairs into your budget and get as much information from the existing tenants and the home inspector.
Jasmine Morris Campers/RV's as short term rentals
20 May 2021 | 9 replies
You need a 30 or 50 amp outlet depending on size of the camper and appliances. 
Jonathan Shnoravorian How much does the year a house was built matter to you?
14 May 2021 | 7 replies
They’re already wired for cable, have grounded outlets, and gfci  everywhere.
Supada L. Expensive repair on rental. Should I do it?
31 May 2021 | 108 replies
@Supada L.Yes, burdensome unexpected costs are part of REI, but I'm curious about the inspection reports dating from last year that you mentioned.