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I am looking at a property that is zoned as commercial with variance for residential. The house was built in 1950. This would be my first purchase and I'm not sure how to go about judging this.Where can I go to find s...
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I am looking at a couple rentals in town. They are older houses but are in pretty goo shape. There are 3 houses with a total of 6 renal units. All 6 together bring in a little over 2000 a month. The only thing is ...
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went to pick up rent early in the month. I did my normal inspection of the house, including an inspection of the basement. As soon as I opened the basement door I smelled something unusual. Turns out the PVC on the di...
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I am under contract on a property that I want to turn into a short term rental with a backup option of a long term rental or flip if things go south. It's about 900 sq ft and only requires a moderate cosmetic reno. My...
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Hey everyone,
I just wanted to cast a line out there and get a sense for how everyone is doing in regards to networking. I am currently in the process of relocating to the Chicago area and am interested in expandi...
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Have you ever had to evict of kick someone out of your STR. I had some psychotic mutts in one of my places that had been there about 9 months. I had just bought that house from the sheriffs delinquent property tax s...
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My partner and I recently put a cash offer on a fix & flip property that we plan to finance with hard money. The offer was submitted and accepted without any contingencies. We already have a letter stating pre-app...
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Hi All,I have gone through the forums and realized everyone suggested 6 months of rent reserve per property. I have 4 duplexes and if I keep 6 months rent reserve for each and 6-8 months of personal emergency fund it ...
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Hello,
I've been a member for about a month now but have been lurking and reading back through the forums. Thought it was time to introduce myself. I'm a buy-and-hold investor in Rome, GA which is about an hour north...
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Hi there,
Background: I have one property today which was my former residence. I've been seeing and evaluating (financially) single-family homes for the past 2 months or so, made a couple of offers, but have gotten ...