I always wanted to do a "deal diary" and now I have the chance to do one! This will be my 13th property acquisition and so I'm hoping to make it lucky number 13!A 3-bedroom, 1.5 bathroom 1,054 square foot townhouse c...
I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...
Have been trying to do a refi with BNC - a lender from Zillow...While I thought things are going smooth, lender came and requested my ex's settlement statement...So he has a rental property where we took out the mortg...
I allowed a tenant to have pets (3 small dogs), with a pet deposit of $300. He was the first tenant in a newly renovated unit with refinished wood floors. After several visits in which I found feces on the floor, a gr...
Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
This is kinda a poll - more than a post. I'm curious to know why more agents aren't willing to work (when they can under their broker) or why more brokers don't allow their agents to work "a la carte" - or a fee for ...
Are you afraid Tenants will trash your rental?Tenant won't pay rent?The economy will turn and your rentals will sit vacant?You've over-extended yourself financially and the next problem will wipe you out?What keeps yo...
I'll try to make this short.Last month, I called an agent who runs a property management company. I offered to buy one of the houses he manages. Had to explain to him a couple of times what I was trying to do. Anywa...
Ok so it seems EVERYONE is making renting to sec 8 MUCH more complicated than it needs to be, not sure why. Maybe some guru is selling courses and telling everyone it is. Well, it's not. So here are answer to most of ...
I've got these two young kids that moved in and signed a 4 year lease. We had just completely remodeled the unit, new bathrooms, new kitchen cabinets, granite countertop, new microwave and fridge, sinks, faucets, plum...