Greetings, I am 36, father of a 3 year old boy. My wife and I have been thinking about investing in real estate for a while and have a small down payment to get started. (Under 50k) I am working on the criteria and ...
I am starting this a bit late, but am excited to share my experience. I am going to post comments with photos in chronological order to catch up!I found this foreclosure home in Pickerington, Ohio on Hubzu.com. It w...
Hi,A tenant looks at the place while it was in move in move out clean up. She signs a one year lease on July 11th and the move in date was set for July 17th. She gave me $500 cash at lease signing $366 for pro rated J...
Top floor tenant in an up/down duplex clogs kitchen drain. 200 to clear the drain and 700 to repair the ceiling of the unit below. Tenant has been there 6ish years. Lived through many repairs/upgrades. Roof replacemen...
A few years ago if a tenant owed you rent or damaged your property you could enter the premises and “hold” certain items. It’s an old law I believe but was still could be used. It’s so old you couldn’t take their goat...
This is a 30 thousand feet overview of the process. Correct me if I"m wrong, then a couple questions at the end. Motivated Seller has a property in pre-foreclosureWe set up a Subject 2 agreement with the sellerWe pay...
I’m thinking about house hacking for the first time with an FHA loan 3.5% down.There’s a duplex that someone is selling me off market at $220k in a very good area in Tampa, FL (West Tampa is the area). 2/1 each unit a...
So I was having another discussion with a friend of mine yesterday. He is my potential lender and has money to invest but is skiddish about jumping in. I told him that with his backing and my drive, knowledge and will...
I had sewer issues in one of my rentals and was told that the utility company responsibility for pipes starts ONLY at the sewer even if the pipes from your house go under the street. Of course the road commission gov...
Hello All,I am getting to the point in my real-estate portfolio where the taxes are getting a little unruly. I have 4 rentals that are each held in a separate LLC for maximum asset protection (I know there seems to be...