Hi everyone,Interesting situation happened over the weekend and would love some feedback/advice. During the inspection on a property I'm buying in the Cobbs Creek are of Philadelphia, the tenants were present and ref...
There seems to be a general assumption that longer occupancy durations can be achieved by using fixed-term leases (e.g. 1 year) as opposed to month-to-month leases. However, despite spending quite a bit of time on Goo...
Im a newbie and I have property that I owe $116,000 on its 2,214 sq ft.
I have a 2.75 fixed interest rate paying $860 a month in a good neighborhood. The median is about $190,000
May need $15,000 in repairs
I’ve b...
I’m currently in the Rehab process of my first Brrr and wondering how to avoid continuing to go into debt using the Brrrr strategy? Or is that just part of it?I’m interested in a multi family unit and advancing other ...
Do you view your tenants as an asset or a liability? I'm curious whether folks here view their tenants as an asset or a liability? I'm sure many will say "both" but if you had to choose, which would you pick?Some star...
Wow so I’ve been having problems with one of my tenants whom have been paying the rent late the past 4 months and they’ve gotten worse, I’ve been having to charge them late fees. Now these are stellar tenants, until t...
I'm thinking of getting a realtor license (in PA) to represent myself on purchasing rentals/investment properties.
The benefits are meaningful:
-Main benefit: Get 3% of the purchase price as cash (or a portion of ...
My husband and I are in the greater Birmingham market. We found this property and are preparing to make an offer. The listing agent is sending us rent rolls and all other documents they have right now. We have aske...
I typically do smaller, older pier and beam remodels, but I may have an opportunity to flip a well preserved home. The 12ft ceilings, wood details, dental mouldings are all still intact. There was some damage to a 196...
Hi all,
I'm doing a cash out refi, and the appraised value is "okay", but I think it's off by about 20k; which makes a huge difference in the cash out value. Essentially, there are 4 adjustments the appraiser is doi...