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I wanted to share the story of the first offer I ever made (it was rejected) and get everyone's feedback.I came across a 8-unit for sale (2 x 4 plex's) units in Palm Bay, FL on Craigslist and contacted the buyer. Eac...
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I have now been investing in real estate since the pandemic in mid-2020 and have gotten the hang of analyzing deals as well as actually adding SFRs from Memphis, TN to my portfolio. I've kept my first rental since tha...
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I've read some online resources but still have a lot of questions. Here is the first batch of questions:1. One intermediary my CPA recommended says this on their website:
[First, set up an account] "Second, via an e...
I have an odd and complex situation I need help with. I have a home that has been in my families possession since 1920's maybe longer. It has no mortgage on it. The deed is in my grandfathers name. It states his fu...
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Hi everyone!I evicted non-paying tenants in March right before COVID.I moved their belongings (obvious crap, like 20 yo sofa or non-flat screen TVs) to the local storage (spent over $1200 to do that and notified forme...
Hi, I'm in the process of closing on a 1 bedroom unit in downtown phoenix. the unit is 550 SQFT and top floor. I know the property is not cash flowing a lot. I can rent it for 1.2k and I paid 240k for it. I still have...
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I acquired a single-family home in the Bronx, NY. The current tenant and former landlord do not have a lease or official amount for payment. To give some back story, the tenant was a family member of the former owner....
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Recently, a socket caught fire in my rental property and the tenant was injured while putting out the fire. What can I expect from a contractual, insurance, or "unofficial" legal standpoint regarding the tenant's inju...
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Hi all, Perhaps you can help me with some next steps.I recently signed a lease agreement with a couple who have stopped responding to my texts, emails, and phone calls. This is the second month they've rented my prope...
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So I happened to get a non-assignable property under contract for 42k that needs 18k worth of work that can be turned in 90 days for 120k with solid comps in a desirable area. Super duper excited right...
Problem is ...