Many of the properties I've been looking at - in lower income type areas - have a few registered sex offenders on that same street. Is this an immediate no? Would you still invest in that area?I would feel pretty te...
Hey everyone. I have been growing my property management business organically and am focused on taking the next steps to drive growth. I sent postcards back in the fall to a targeted group of landlords (about 500) and...
I am just getting into REI and have my eye on a few foreclosures which I would turn into rental properties. The properties are near local universities. I feel that it may be easier to find tenants for these homes but ...
Hello hello. I was just inside one of my units fixing some plumbing, and I noticed they had taken down 3 smoke alarms and the only carbon monoxide alarm. Only two of the original 5 smoke alarms were still up (though...
Hello,when I make the cashflow spreadsheet of almost any house (SFH, MF) around here (San Diego, California) I cannot manage to deduct enough taxes to cover rent. Am I doing something wrong?Most of the properties here...
Hello all! I was curious if anyone had any advice or opinions about investing in Cleveland Ohio at a distance? I'm new to real estate investing, and this seems like a good spot to start due to the low cost for homes t...
Hello all!I am currently looking into purchasing a duplex through Elite Invest in Chicago.I would love to speak personally with some investor's that have worked with Alex and Elite Invest to see how their experience w...
Purchased a 1 bedroom condo for $180,000 in late 2008. Current CMA value is $130,000. Reserves: Reserve fund was $16,000 in 2008, but NO reserves remaining. There have been no reserve studies.Financials: The condo c...
I did a walk through of an REO today and it was in decent shape, but the broker said it probably wont be able to go to anyone but a cash buyer because of MOLD!
Any ideas on how much it costs to deal with the mold pro...
Hi all,Please give me any on all thoughts on the best way to approach or inform tenants about a rent increase. The house is currently rented under market.......I did increase rent with the last lease...by 6 percent.Th...