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I presently have a portfolio of 25 doors. A mix of sfr, quadplexes, and one 3-unit office building. I’m pretty highly leveraged at the moment. Roughly 80% across the entire portfolio. I have a decent w-2 job, low 6 fi...
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I’m 32 years old, and a full time teacher. My wife and I own two investment properties with $224k in equity that are currently cash flowing $800/mth after all expenses and after accounting for vacancy/maint/capex. Our...
Hi BP, I have a handyman coming tomorrow, and I have to decide whether I want him to strip all the drywall in the upstairs of the house off and us re drywall everything which involves taping, 2 coats of mud, sanding t...
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Being a PT real estate agent with no intention of ever going full-time....good or bad idea? Time consuming? Profitable? Not profitable? any ideas would be helpful...
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Hi guys,So my tenant just moved out of the place and wanted to get your feedback as far as what you all think is reasonable to deduct.Above are the pictures of damages caused by the tenant.Before Move-InDuringMove Out...
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Hello BP is been a long time since I was last on the site, but I was working on my NYS RE course. I have just finished my final exam and have scheduled my state exam, and am confused about how I should get started int...
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I have a rental that is out of the area. We had to evict some non-paying tenants sometime back and the property manager told me that they had more dogs and cats that I feel comfortable mentioning in an open forum. We ...
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Dear members!Just got this report from my management company and it says:"- Repairs & Maintenance - Plumbing repair - Bathtub needs to be snaked out. $294.00"Is this sounds reasonable?The bathtub is pretty small, ...
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…and so the fun begins. :-/I just had a formal inspection done today on what’s supposed to be my first rehab, a Fannie Mae REO.Lo & behold, the inspector found evidence of a buried oil tank underneath the deck (th...
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For those of you who don't mind sharing, I am curious how you go about finding and applying creative finance deals. For example, when you are marketing, do you do so with a particular strategy in mind or do you just h...