I am looking at purchasing a modular home, but has two repairs that it needs first has some soft spots in the floor would it be easier to put new flooring on top or just cut out the soft spots and replace them? Se...

two 2/1 units in hollywood, fl

Paid: 150k
Financed: 200k
Cash out at closing: 26k
Rent:31,200
Mortgage:1700/mo

Taxes:3,5k
Ins:1700
Vacancy: 1400
Maintenance: 1k
total: 7,600

Net profit: 23,600

23,600-31200= 5600

...

In November, I fired my property manager for general ineptitude.  On December 1, a tenant abruptly moved out with no notice.  When this tenant signed their lease last spring, they pre-paid their last 3 months Mar '18 ...

Sanity check here, I am not responsibly for a clogged drain due to hair from the tenants, right? Tenant just told me that the drain is clogged from hair and wants me to come fix it. Should I hire someone to fix and b...

Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...

Good Day,  I have been interested in R.E. for a long time.  I have taken a course with a Real Estate (Free?) Investor Company in S. Calif. that was insightful but required lots of money to learn. I currently reside in...

Hello, folks! My wife and I are in our late 40s. We have owned a one single-family rental before. We have renovated houses before. We like doing it! I sold a business a couple years ago and will be getting a final pay...

Hello everyone!Disclaimer: I listened to every podcast on my daily 7 mile round trip bike commute to my jobs before pulling the trigger to purchase a house / investment property. AND I did read the "recent" forum disc...

I have not run across anyone talking about building or having a reserve fund for a property. What is The recommendation to accrue and pay for a unexpected capital upgrades, i.e. furnace, roof, sewer, parking lot, wind...