With private lending secured, I bought the property, excited to add another rental to my portfolio.What I didn’t expect was just how much of a nightmare this property would turn into.After closing, we began the renovation.

And as new investor, you have to expect to be charged more than a builder, but armed with a little knowledge you can get a better price than a homeowner and still allow the contractor to make good money.For most construction work materials times two is a good guesstimate, so about $6k is likely a good price. 

I let them know I would expect a refund if a guest complains about dog hair or something else pet related.

Expect the call to replace a lightbulb in the laundry area or a battery in the garage door opener. 

We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.

What pricing is to expect?

Situated in Houston's vibrant inner loop, it ranks among the city's most coveted and rapidly expanding neighborhoods.Job Growth: Houston is expected to add approximately 57,600 jobs in 2024, continuing its trend of robust employment growth.

If you have it at 399k, what are the rents of the two units now, when do the leases end, and what is the expected rent of the vacant unit? 

You can expect to pay between 2% and 6% of your new loan amount in closing costs.

The U.S. economy added more jobs than expected, which signals robust economic activity and pressures the Federal Reserve to maintain higher interest rates to combat inflation.