Has anyone rented a property with a below grade bathroom, say in a basement that has a sump pump? I have a SFH and am concerned about tenants ruining the pump, or worse somehow backing up the plumbing and causing a fl...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $440,000
It was a surreal moment. Our dream lake house in the NH Lakes Region was now ours. Standing on the porch, over...
I am the owner of a property in rural Vermont that I hope to sell, but will rent out if I don't get a good price. Recently someone proposed that I offer owner financing. I do not know much about it. From the po...
I’m seriously considering borrowing less than 10% of my 401k for the down payments on 3 investment rental properties. I’ll be paying myself back at 4%. Thoughts/ experiences?
Hi everyone,I am a young investor who is just looking to get started in REI. I don't currently have a lot of capital, but I will soon be graduating with a degree that will provide me with a fairly lucrative job. I hav...
When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...
Hello all. This is my first rental so am not sure how to handle this tenant screening. I am in Los Angeles County in a B-class neighborhood and am mostly receiving interest from either those that do not meet the incom...
Hey all--So something (potentially) amazing happened last night! Two nights ago I decided to ask my landlord if he would consider hiring me as a property manager. He owns a 7-unit walk-up building in a high COL area (...
I wanted to know if anyone in hear can provide some tips on how to get in contact with property managers that have repositioning experience in a specific market you're targeting?
My contractor is asking for payment via wire transfer. Is this common practice for investors? I don't have an issue paying the fee on the larger draws to make sure he gets paid faster (I'm an hour away and sometimes t...