With the recent article claiming 62% of Americans have less than $1000 in savings, how viable is a business that relies on people to pay monthly rents. If for the sake of this question we divide prospective tenants...
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People generally buy an investment property for one of two reasons. Either they are hoping for cash flow or banking on appreciation. I don’t have any delusions about knowing how to time the market so I decided to go f...
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Hey Friends!
I’m getting started by house hacking a duplex next year and am wondering if a side by side duplex has proven more profitable or a better investment than over under duplexes. If so, if the difference negl...
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First of all thanks to all the people that gave me advice on advertising. Got a sign in the yard and I'm on craigslist. No less than 5 minutes after post on CL, somebody called my cell. I was laughing and had to tr...
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Hey all - I'm starting my trek into REI! I've been listening, reading and brainstorming, and have a few ideas to get started. I wanted to validate some of my thoughts, gather feedback, and potentially make some mutual...
I have a family member renting an upstairs unit in a 4 plex. The basement is split with each side housing w/d hookups for 2 units. The basements are only accessible from the stairwells of the 2 units on each side of t...
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Does anyone have any experience buying and then gutting houses to resell them to investors? Does this sound like an incentive to any of yall, being that all the systems are gone, and time spent on the property will b...
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Does it really matter the age of the property or as long as it's in a good location, up-2-date (ie roof, flooring, kitchen/baths, HVAC) and rentable? This would be for buy-n-hold investments.Up to now I never really t...
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Just bought my first duplex, walked into it and noticed a crack in the molding on s countertop in the kitchen. I pulled up the counter top and it popped right off and several roaches crawled out. Ew.
This is the only...
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I've been watching my market closely for quite a while. It seemed when the downturn started to hit, It really didn't affect us here at all at first....for awhile...It slowed a little while later. Now - over the past ...