I've found a few deals but the properties are inhabited by tenants who are either in the process of being evicted or they need to be evicted for being behind on rent. Should this stop me from buying the properties? Wi...
Here is a bit of background: A friend of mine and I have teamed up and are diving into real estate. Neither of us have any substantial cash on hand but we both have good jobs and good credit. We’ve teamed up because...
For all those landlords operating properties in cold climates, please share your thoughts on winter readiness processes. We send tenants a letter or text alerting them to some common winter issues:1. Disconnect garden...
Hello all,I'm thrilled to join this community as I embark on my real estate investment journey. I'd greatly appreciate advice from experienced individuals here on how to identify promising markets and deals remotely. ...
I placed my first rental property on Craigslist 3 days ago and 10 responded so far and are interested. Here is my plan, followed by a few questions, what do you advise?
I have telephone screened a few and weeded ou...
I have a lot under contract that the seller can not sell until July 10. Seller bought the lot last summer before things picked up, and now realizes he can make a small gain by selling on long term capital gains. He ...
How profitable is the rental business? I've been looking over some threads here and see that percents are used a lot when dealing with duplex's/ plan on renting out a building. I'm not too certain on the percents an...
Last security deposit question - promise . When my tenants moved in 6 years ago , they brought their own fridge and put mine in back shed ( without asking— They just told me ).When they left today , it’s still in back...
We have tenants that signed a renewal notice back in October agreeing to a rent increase and continue their tenancy. Current rental agreement was set to terminate on November 30. New rental agreement was prepared an...
I have been saying for a while that I don't foresee the mortgage forbearance and foreclosure moratorium turning into a foreclosure crisis. There are three reasons:
1. Some people have the money ,but took forbearance ...