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I bought a duplex about a year ago in the downtown area of Montgomery, Alabama for $25,000. The tenets were extremely rough, cannibalizing anything of value in the property. It was next door to a single family home I...
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Do you guys have any issues evicting in California? I live in AZ and it takes 2-3 weeks here to evict. Ive heard it can take years in California to evict somebody. Do you guys have any issues with evictions? Or tenant...
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I need some help in evaluating a wholesale deal that was initially pitched to me. I don't have any experience in this area, hence my posting about it. The property is a vacant hotel along the eastern sea shore. The to...
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Ok, I know it's early, and I am still sleepy, but I saw this article and I had to post it in its entirety. I'd like to hear from anyone with an opinion on this - pro, con or otherwise.I have tried reading this in all ...
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I bought my first rental property earlier this year. Cash flow after I move out (house hacking) and renovating should be 200-300. 30 yr fixed mortgage @ 6.625% with about 76,000 left. Over time, I'll end up paying 96k...
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My goal is cash flow and earn $100k per year from rent. Assuming $200 per door after setting aside all expenses conservatively. I'm actually trying to look ahead and plan how much I can save for new deals over time. M...
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Has anyone had experience buying a home warranty to streamline maintenance costs? Seems like a decent concept if you include are comprehensive in the policy...especially now that I am self managing a number of my prop...
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Hi all,
I am very much motivated by everyone's posts and books I've read. I am looking to buy my first property! Here's my situation, I have about $15000 in credit card debt and have a car loan. I would sell the car ...
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I’m currently in the Baltimore market and looking for some of the benefits to buying in the hood. There’s a large inventory of properties and higher cap rates plus we’ve seen what happened in philly and I definitely d...
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Hi fellow investorsMy goal is to buy a 2 or 3 unit multi family live in one unit and rent out / manage the others. The problem is the cheapest 2 family in my area is 150k. I have only 10k saved and because I am a rece...