Michael Noto
Running Diary of a 2-Family Flip in Southington, CT
@Bill Labrecque and I closed yesterday on a 2-family flip in Southington, Connecticut. As project progresses we will document the progress on this thread.Here are some of the key numbers:
Purchase Price: $87,500...
Cedric Jenkins
Is it impossible to overcome a minor mold issue?
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...
Julia Hagen
Just spent $7,000 on home warranties..?? 😫😳
I have a daughter in college with a 4yr tuition bill that will total $120,000 plus. So, while money is tight I thought it would be a good idea to purchase home warranties for our 3 homes (10 individual units in total ...
Account Closed
If you wish you had one skill....
Okay here's the deal. I'm looking to invest in my first buy and hold property very soon and expand from there. I work as a nurse and I like what I do, it pays the bills, I have excellent job security and I can literal...
Ben Leybovich
Flooded Basement - Welcome to the Life of a PIG - DON'T BUY PIGS in OHIO
So, in Ohio we are experiencing torrential rains - in 12 years I've lived in Lima, I've never seen rains like this...specifically in June!This pig is currently empty. There was a family of 3 in the house at a rent of ...
Marc Estepa
Hawaii Landlord using $4000 deposit to fund carpet remodel
Aloha. I have a situation in Hawaii I am looking for guidance with. My family had rented a 3000 square foot home from 2016-2020 with two large mastiffs. Bottom line up front: The owner is hinting at replacing his e...
Darin M.
Off the deep end South of Austin TX in Wimberley with our first flip!
Greetings Everyone,My name is Darin, and I am shaking my head these days. I have been studying, reading, scanning and contemplating this path for the past several years, and always said, I should try and turn several...
Daniel Miller
changing requirements from prospective tenants
Well, I just got a message from them that they want me to get the house tested for lead and asbestos, and they need those tests before they will give a deposit. Is this reasonable?? They *do* have a 10-month-old boy...
Patrick Bavaro
I am now, a Landord!
First, this post isn't intended to be a hubris, self-promoting, story. Well, maybe just a little bit of it. I'm proud of my wife and I! I'm not ashamed to say it!
Anyways, me and my wife are a relatively young couple...
Manley Woods
Purchasing Older Properties
I’m looking to purchase some rental property in the Saint Louis, MO area but the majority of the properties in my price range are older (built in 1910’s to 1930’s). Has anyone had any positive or negative experiences ...