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The consensus seems to be that a WD is better than using a quitclaim. Is this something I need to pay an attorney to do or is it fairly straightforward and something I could do on my own to save money?
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I’m evaluating my first deal and staying local (Washington DC) means high prices and low rents. I would tie up most most of my initial investment cash in a property that barely generates cash flow from what I see her...
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A lot of this may be obvious to some of the readers, but I’m going to mention it anyway.I own other property in New York and Miami and incorrectly thought that this qualified me to do a flip. Initially, I had thought...
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Hello Team,I have been closely watching the Silver Spring Shores in Ocala and Ocala Park Estate areas and have 5 homes under my belt there. I now have an opportunity to acquire few new homes 3B 2B 1G in South east of ...
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Just started my third book that was recommended through this site "Rental houses for the successful small investor". I did notice it was written in 1999 so I'll take parts of it with a grain of salt but expect the o...
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I hear on many podcasts that people wont entertain a property unless they can hit $250 of cashflow for the door. What do yall think and how do your properties cashflow
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Tenants have been in place for 7 years and for the most part have been good with regard to paying and following rules. I raised the rent one year ago by $100. (First increase.) Still below market but it's a big place ...
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Would anyone recommend taking on properties only as you can afford to buy them cash? Or is taking on debt in order to secure new properties recommended.Currently I do not like debt because of the obvious cost of borro...
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Hi, I've been looking into automated ways to accept checks. Brandon Turner mentioned Dwolla on a recent podcast. I've also looked at buildium. Another user mentioned cozy.co which seems ideal. It's free and includes...
The response I get most often when I ask this question is that it's disruptive to local lifestyles to have more frequently rotating tenants and as a result STRs can decrease property values. The first one is qualitat...