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I just backed out of a deal that would have been my first property. I was coming up on the end of my negotiated due diligence period. Everything checked out. The inspection went well and I could tell that I found a go...
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From what I've read in the forums it seems that conventional wisdom here is it's best to hire only contractors & handymen that are insured. I adopted this perspective when I started as a landlord as I tend to trus...
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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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HelloHappy New Year everyone....I just want to discuss some findings that came up recently when fixing my pipe leak.So last week, I have a pipe leak in my basement at one of my properties. I called the local plumber. ...
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Alright!! I been working on few deals and one especially with a old pool. We are closing on this deal soon and checked with few contractors to close the pool. Nobody talks about the permit except one guy. They all wa...
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Hi all,
My wife and I purchased a home 7 years ago (at the high point of our market). We still owe more on the home than it is worth. We are considering moving and I am trying to analyze each option. My 2 ...
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A fellow investor recently said to me, "I want a 60 year old renter because they're stuck in their ways and I want them to be stuck in my home." If this is the target renter, you'd have to have single-story homes with...
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This post is created for 3 purposes. One is to vent, two is to identify if this is an isolated occurrance or Nationwide, and three to have all of us join together to do something about it.
Here is the problem/situati...
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I bought my first investment an up-down duplex in Des Moines 7 months ago and was going to live in the bottom unit and rent out the top unit after a complete renovation. Work has since moved me out of state but while ...
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I own a first trust deed that I paid very little for-under $15,000. It is a duplex renting out at $800/month and has a zillow value of just under $50,000 in Cleveland, OH. Recently in doing some research, I noticed ...