Hello all.  My name is James and I am from northeastern NC.  I am 33 years old and today have decided to start building a rental business.  I know a few other people that do the same around here and have made a good l...

I am in my option period to purchase a home in Houston built in 1983 that has aluminum wiring. What should I watch out for with the aluminum wiring? What are the risks? The intent is to hold this property as a long te...

Newbie here! Any advice for "duplex" on R1 zone? Risks associated, any possible solutions? Or best to just avoid altogether? Tax record shows SFR. Thank you!

Hi Team- after almost a year of lost rents, legal bills, police involvement, & destruction of property, two tenants/units were evicted by the sheriff.  After restoring the shattered windows, common areas, and the ...

Trying to put together my fears of another economic collapse like 2008 and how it would affect my aggressive investing strategy right nowRisks:- massive loss of jobs and therefore possible loss of rental income- gover...

Does anyone have a good "operating procedures" for new tenants? Like a standard 1 page list of do's and don'ts, contact info, payment procedures, late fee info, etc.  This would be a quick "read" that is beyond the re...

We are from California and looking for investing in STR for tax purposes and good cash flow. California is an expensive market. We are looking for homes priced around 500k (including renovations) and revenue 50-60k pe...

An Alabama client of mine had this experience, but I think it is relevant nationwide. He had smoke detectors in all rental houses. It was the tenant's responsibility to test the batteries periodically and replace them...

Investment Info:

Single-family residence fix & flip investment in San Fernando.

Purchase price: $500,000

Cash invested: $130,000

Sale price: $800,000

Purchased off market for approximately $5...

I have some properties in Oceanside, a multiunit west of the 5, and another in the small foothills.  I was already informed by State Farm that they will not be renewing my multiunit policy.  I'm sure several here has ...