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I just bought my first 4 unit building 6 months ago. I’ve needed to put some money into it along the way. 3 units are occupied, the 4th is mine. The rent breaks down as:75010251160Total: 2935The expenses:1850 (mortgag...
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Hey everyone,Getting started in REI here. Haven't bought anything yet, still doing research. Can anyone give me the story on management companies? Should I use one or not? How do they make a profit from my (future)hou...
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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...
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I posted on another LL and would like to get y'alls thoughts on the situation:I'm on a merry-go with a POS tenant. I terminated contract with PM. All tenants were by PM notified that I would be self-managing beginning...
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I have a foreclosure that I am seriously considering buying for a rental. My concern is the bathroom has a window in the shower. I was planning on gutting the bathroom and doing a complete remodel. I thought I could...
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I have 18 windows to replace in the next few days. To keep my interest up and to keep myself accountable, I'm starting this thread. I am a self-managing DIY landlord specializing in 70-100 year old SFR properties in m...
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Hey!I wanted to start this thread to get some insight as to what I should do about approaching that point that so many starting out do - The point when the fire to invest starts to dwindle as you approach information ...
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For those of you who are familiar with the LA area, I'm trying to buy my first place at 31 years young. I work in Santa Monica, currently live in Venice and rent for $1495/month.I'm not even close to buying anything i...
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Hello, I’m active duty military deployed overseas and one of my guys has a significant problem. His wife and two young kids are in Ohio in a house they’re renting. Their AC went out two weeks ago and still has not bee...