My wife and I are ready to purchase our first multi-family, first investment property. I was driving by a triplex in a low income neighborhood for 95k and grosses $1400/month. After I scoped out the property, I came...
Since the pandemic hit in late March, many are not sure how they feel about staying at hotels or short-term rental platforms such as Airbnb, Vrbo, Booking.com, and Tripadvisor Rentals. Airbnb, with 7.7 million active ...
Hey everyone -First post here as I'm just getting my feet wet, but I'm looking to buy my first rental property within the next 6-9 months and was curious what you would recommend for a first time investor. I'm waitin...
I am currently thinking of putting an offer on a triplex in the Seattle area. Two of the units are occupied and the other is vacant. The occupied units are both section 8 tenants with leases that do not auto-renew. Th...
Ideally, I wouldn't want either a tenant that smokes or has a pet.
But, in these uncertain times, if you had to choose one, which one would you choose?I know smoking leaves smell on the carpets, but won't pets do th...
3 bedroom house with 5 kids. Went for an inspection, smoke alarms were off including the bedroom ones. Tenant says it because when she cooks all the smoke alarms 🚨 in the house 🏡 go off.Of course I want her to put the...
Hi everyone It's time for another addition to the Lazy Landlord series. I am currently doing three simultaneous renovations. It probably would have been better to do one at a time . But three simultaneous vacancies...
A coworker of mine has ~7 low income houses and duplexes, and I see the issues he has to deal with on a regular basis. Extended families moving in, criminal boyfriends living with the tenant, frequent evictions, etc. ...
Do most of you run your business under an LLC or S-corp ... or do you run your business under your personal name? I'm know a lot here set up businesses but is it really necessary if you only invest on a smaller scale ...
Hello, I'm new to this site and new to investing.I'm currently attempting to rent my home in an effort to decrease spending significantly, raise capital for more real estate investments, and of course allow the curren...