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Results (1467)
Wade G. Make sure you have a very large reserve fund for landlording?
29 July 2013 | 19 replies

Well its been a rough year as a landlord for me so far. Even worse than the year Hurricane Ike caused its damage. To date since January first of this year I have spent an average of $1475 a month for repairs and vac...

Bryant Brown Wholesale REOs
27 March 2014 | 17 replies

When wholesaling REO's do you find the buyer first or do you put the home under contract? and If you put the home under contract what kind of contingency do you put in place in you cant sell the home so your not at...

Mark Campbell Tenant Wants to Move In Before Lease Start Date
29 May 2018 | 40 replies

Hello, everyone I am a new landlord and encountering my first issue.  Soon I'll be moving out of the first house I purchased and I'm converting it to a rental property.  I signed a lease with a tenant and they will mo...

Sinil Kim Want to increase rent after closing, What can I do?
15 April 2019 | 39 replies

Hi Guy I have a question. I need your opinion. I just signed on legal 2 family house in New Jersey 2 bed 2 bath.Listing price was $380k but I signed on $315k.I need to keep the 2 tenants till closing date. That's a p...

N/A N/A How much work do you do yourself?
10 January 2009 | 24 replies

I think from reading MikeOH's blog that he seems to most of his own maint. I don't have that many houses but I do all my own work,several major remodels done and working on one now. I have read some posts that your a...

Nick Frankus Negative cash flow in lieu of principle only payments?
21 August 2013 | 17 replies

I have a seller willing to carry owner financing with no money down, principle only payments with a 2 year balloon. The payments she is willing to take would result in a negative cash flow when rented for the 2 ye...

Account Closed I just bought my first apartment building(8 units) very cheap.
2 May 2018 | 42 replies

I just picked an 8 units aparment building for only 25k in cleveland. It needs quite some work but not too bad for me since I got a good reliable guy who will only charge me 5k to get it all rent ready. Any other comp...

Gregory Montalto You have the keys. What do you do first w/ rehab property??
24 January 2014 | 29 replies

Situation - You've just closed on a new property. It needs significant repair / renovation work. Your goal is to fix it up and have it rented or on the market as soon as possible.

What is the very first thin...

Jane S. They want to pay 12 months in advance is it red flag
8 April 2020 | 30 replies

I was impressed with my sales ability when the candidates for renting my property volunteered to pay 12 months in advance.
Then I was scared when my broker said its a BIG red flag cuz they might want to turn the hous...

Account Closed DEAR NOAH: Am I overreacting or is it time for a new Property Manager?
30 August 2024 | 13 replies

"Dear Noah, I need help deciding what to do about the property manager of my out-of-state property. It's a duplex in TN. I've owned it for 5 years and have never seen it. It wasn't in awesome shape when I bought it, b...