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I was in a work shop and someone recommended self managing and use a home warranty to help with maintenance. They said the tenant pays for a monthly home warranty and the price is deducted from their monthly rent. I l...
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Hello, so I bought my first house and before I bought it, I didn't know about the BRRRR Method. I purchased the house for $145,000 and they were asking for $180,000. It appraised for $150,000. Renovations would cost a...
When I call (professionsl) people to ask about repairs, they usually ask if the place is a rental or my home. Why? Do they charge more for one or the other, do they place a residence later in a queue? Does a rental ge...
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Hey everyone, after shifting around my finances and returning to look for my first rental property, I am looking for a small multi-family property in a lower budget range from $125-175K (smaller % of net worth). Given...
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I want to get everyone's opinion on investing in non brick buildings. I know that every market is different, and maybe a non brick building may not be an outlier in certain areas. The potential property that I am in...
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Hello, everyone!
I'm going to look at my first possible property tonight. From my research it seems promising. Very low in price but for good reason. Needs a lot of TLC. What's your process for knowing what to upd...
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I'm curious of thoughts out there regarding buying a few good quality properties and focus on debt paydown and highest and best (HABU) vs. accumulating mass quantity of rentals. It seems to me like a logistical nightm...
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Hey all, when you first go out and do a walkthrough of a property how do you determine what actually needs to be replaced versus what can be fixed or modified or even left alone to keep construction costs low enough...
I've a duplex which is newly painted and repaired two months ago but it is still empty. The unit size is 4 bed and 2 baths, I've reduced the rental price from $1700 to $1500 in last 2 months. Apparently, there is lot ...
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We have a single family rental home (long term rental, tenant occupied) that is managed by a PMC. Our home received damage last month due to a wind storm which tore shingles off the roof and tore a part our fencing, r...