I am at odds with the guy helping me reno my reno. He says just buy carpet. He hasnt run rentals to see what happens to rental carpet. I am so tired of replacing carpet. Going to wood floor,,,they can buy a area c...
Since I have gotten into RE and doing pretty good with it I find myself looking at all my toys ( boats, extra vehicles, 4 wheelers, gun collection, etc ) thinking to myself I should sell all of it and invest into more...
Hi investors,My first tenant moved out after 7 years and it is costing me $7-8k to fix! What's your average move-out reno cost? And how many years of cash flow is it wiping out? This is my first move-out and I"m fi...
Hello everyone,
I’m diving into the world of short-term rentals and would love to hear your unique insights! I am on the journey to acquiring a charming 2-
bedroom, 1-bath cottage in a popular tourist area. To make ...
@Gail White wrote in an earlier post:I have made an offer on a house where there has been a very heavy smoker living for a number of years. The originally white popcorn ceiling is now yellow over the entire surface. T...
My opening statement is: I have finally walked the plank, closed a HUD foreclosure a on December 9th, and have been wading deep into this project. Ive talked about doing something like this for awhile now, but lacked...
Economic Update(Monday, December 7, 2020)
Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering severa...
What are you doing or seeing that effectively addresses racial disparity in home ownership/ lending/ generational wealth?Hopefully this is a fairly straightforward question about a heavy and complex topic! It's well ...
Is it normal to start freaking out after you purchase your first rental property? I know I am seriously freaking out. I hope that it's just the jitters from all of the new things going on. This is the first propert...
I bought my very first hoarder house. It's a single-family in a "B" neighborhood that was occupied by hoarders. Let the tale begin!This is a single-family with 856 square feet on the main floor and a full basement tha...