After almost losing this deal, I finally own my first investment property!!! Purchase price: $66kFinancing: Private lender (100% @ 4.25%) - P&I = $324Settlement Charges: $2763Anticipated repair costs: $5000-10000 ...
So I found this duplex and almost everything about it is great. It would be a great deal... If I didn't have to pay the water bill. The water bill is going to kill my cashflow. Do you guys know of any ways to get out ...
If a tenant breaks a lease/wants to leave early, do I keep the deposit or does the property management company?How about late rent fees? Pet fees/rents? Security Deposits if damage is done to the property?I’m just try...
In the last three months I have had some unexpected issues at one of my rentals. I needed a full roof replacement (bad storm), a tree fall on my tenants car (same storm), and two furnaces went out in my triplex. Lucki...
Hello all,I have decided to list one of my units as section 8 due to the neighborhood and lack of leads from non section 8 tenants. Does anyone have any advice about renting to section 8? I know people have very mixed...
My wife and I want to flip a house. The realtors we used to purchase the house we are in now offered to help us do this flip (they are a couple actually, and they have a great network of good contractors and have done...
Hello fellow wholesalers, investors, and marketers,From your experience, what has been the best method for you to find motivated sellers with VIRGIN properties?By virgin, I mean, properties which no other wholesaler o...
I bought a 4-plex with 2 dogs in it...... except a few months later, there were dogs in 3 of the units, and # 4 had gotten a cat. Is there an insurance policy I could make the tenants buy that would cover their animal...
I have a full time job and right at 60 units. The units consist of a 48 unit apartment complex, 2 duplexes, and a hand full of SFR's. I am currently using a manager that charges 8% across the board. It's costing me ...
Hey, all! I wasn't really sure what to call this post, so forgive me my scatter-brained topic! I'm looking into a few different options of ways to purchase a home once I get around to buying my first one late next yea...