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I would like to share a weird incident, tenant reported that while backing the car the garage door fell and the car damaged the lower panel of the garage, while I am trying to find the exact details of the incident, ...
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I have mortgage about 80k with 15 year term ( so far paid about 4 years of 15 year term of original loan amount 120k) with interest rate of 2.85 %. I also have credit card debt of 80k with interest rate around 20% as...
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I am closing on a four unit soon, and one of the tenants is on section 8. I am unfamiliar with the program, and will not be renewing when their lease is up in November. Of course I will have to abide by the curre...
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Hi All,I have this applicant who has a record of domestic violence happened in Ohio. After the incident, he moved to Washington alone and applied for my unit. He has a solid profile except aforementioned Misdemeanor. ...
I've owned a small rental property for 18 months now. One of the units is occupied by a low income family: two parents and their two teenage children. These tenants were in place when I purchased the property, and I k...
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Hello everyone. I am from San Diego CA, looking to soak up any and all info I can. Currently, I would say I am most interested in buy and hold strategy. With San Diego being so expensive to break into, I am excited to...
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I'm doing analysis on a few BH deals around 75-95K on the purchase price. What is a good CapEx % to use on these properties. I have been using 10%, but it seems to be eating into my cashflow. Does anyone base their...
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Just wondering how other landlords would handle this situation. I would like your input before saying what I did.Tenants are a young unmarried couple, no kids. Man has the bulk of the income, woman can't afford the re...
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I need help. I came across an owner who has abandoned the subject property and hasn't paid his mortgage since 2009. He told me he just wants out of it, wants nothing to do with it, wants to move on. Fast forward about...
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Experienced landlords: In the process of ordering replacement carpets for a couple of SFH's I'm purchasing to buy and hold. Getting so many conflicting opinions from carpet stores, installers and carpet cleaners on t...