Hi all, I am getting close to putting in an offer on my first investment deal. Was hoping for some outside opinions of what I am getting into.
The property in question is a duplex, 2/2 and 3/2, ~1350 sq ft each. Rent...
my neighbor's irrigation broke and over the course of 5 hours dumped into my backyard and crawlspace under my house.
damages to my crawlspace amount to $2200; my deductible is $2500.
I filed against my neighbor's in...
My seller/property manager sold me a house in IL with a tenant who was delinquent on the 3rd month after he moved in. He paid partially since then. Now he owed me about three months. I used/paid my PM's lawyer and ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $185,000
Cash invested: $40,000
This one was an accident. We were targeting Pre-foreclosures to buy subto and sell ...
I have a foreclosure property under contract however I am afraid that there may be water damage due to freezing temperatures. Is there a policy insurance policy then I can get which would cover this situation and prot...
I have researched this topic extensively on Bigger Pockets and elsewhere and I am still struggling to understand the tax code.
I have a STR property that went into service in Jan 2022. I met the Material Participati...
We have an investment property that we bought in 2004. We had an adjustable rate mortgage, so we refinanced in 2006 to a fixed rate, because we were to afraid of what the rate would be if we waited longer. We have a f...
Tenant toured my property and I had her submit the application through Zillow. The credit report, background check and everything came clean. Was also able to verify employment with employer, contacted previous landlo...
I was fortunate not to have an eviction last month. However, I've got one this month and she's definitely in training to be a professional scumbag. This tenant moved in at the beginning of July and obviously only pa...
New year, new laws (Senate bills 205, 206 & 207).Effective January 2, 2025, Michigan landlords can no longer consider a tenant's source of income when screening them. (income = 3 x monthly rent, Debt-To-Income, et...