I need to put a new floor in a rental unit over ugly ceramic tile. Only problem is that the tile was laid over black mastic which contains asbestos. The cost to have it abated is $2250. I am looking for alternat...
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I’m curious what people’s experiences are with debt collectors (from the point of view of collecting money owed to you). Let’s say you obtain a judgement against a former tenant of a few thousand dollars. Often it i...
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I’m under contract for my 2nd SFH in Akron, Oh. Found a really good deal on a 2 bed 1 bath older home in pretty decent condition. Inherited a tenant who has been in place for 2 years . Just toured the house today and ...
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How does one evaluate the value of a triplex using income? If for example, rental income is expected to be $3000, how does that effect the valuation of the triplex property?I know how to analyze the cash flow, the Cas...
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For the first option, I anticipate paying a higher interest rate, but I believe there may be fewer competitors in the market presently, potentially leading to good deals. Additionally, I assume housing prices are to r...
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Hello, I'm looking to discuss with others who have owned investment property where parents (or close family members) were their tenants. Seeking others experience, advice around this and lessons learned (e.g. leas...
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Property: $145k - Duplex (50% occupancy right now) (Zillow)Rent: Found the ad for unoccupied rental at $550/unit so expected income of $1100 per month (Link to Ad)Costs: Estimated from FHA scenario (at asking price, c...
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Hi all - I'd love to get some real world data on turnkey performance. Chris has a great post discussing TK: https://www.biggerpockets.com/renewsblog/mastering...My concern as a new investor is the long term performanc...
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Hello Everyone, I had a tenant move into my rental property roughly 4 months ago. While they were touring they asked if I could replace carpet in one of the bed rooms with vinyl plank and I agreed. Below is how it was...
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I own an older home which I am looking to rent in the very near future. Is there a pre rental inspection that I need to have done in order to be able to list it as an investment property? If I have asbestos insulation...