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I'm in the beginning discussions and research of going into REI with my two brothers. We don't want business/money to be something down the road that could potentially harm our relationships.Has REI with siblings as ...
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I currently self-manage my 7 rentals and want to keep this portfolio growing, while still self-managing. The key? Minimize annoying service calls and long term repair costs! Please help me add to this DIY preventative...
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Hey Guys,
I've found a few properties which meet my cash flow requirements (over $100 unit) with 8% vacancy/repairs/capex and 10% property management costs with over 12% cash on cash return. Starting out, I'm still s...
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https://www.bloomberg.com/news...Coming from Chicago where zoning is a constant battle and converting a single family to a 2-unit requires navigating legal hurdles, this article makes me happy. Minneapolis is a fast g...
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I'm reading a book about Ben Bernanke and how the Fed handled the economy since he became Chairman in early 2006.
One chapter covering a general overview of the meltdown gives specific data on ris...
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I am a newbie to renting and I was wondering how much do you contribute towards the upkeep of the home. Do you maintain the lawn, or do you have the renter maintain it? Do you clean the carpets, or do you require your...
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I'm looking to purchase a 1,000sf single family home in a C neighborhood for about $22,000. It would rent from $650-$700 which sounds like a good deal, but the floor in the living room is extremely uneven. I walked ar...
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It is an old house built in 1939. Some of the drainage pipe has been replaced to PVC, and majority (including the Stack) is still caste iron. And the cost is about 10 thousand dollars to replace all through the hou...
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Renter moved in in February and there was a pipe to burst. Took a week to repair and I rebated the rent. A week later a sewage back up. This also took week to resolve. Renter wants deposit back and to move because...
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Hi all,
How much did you put in, and how much have you made to date?
Thanks!