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...
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...
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...
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...
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...
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...
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...
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...
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...
"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...