Argh... the life of a new landlady..Served this inherited tenant a 30 day notice last month.  Lack of one legal clause necessary in Maine led me to serve another today, asking her to vacate in 30 days (she is a tenant...

When considering your budget, is there any general rule of thumb for the percentage of money you spend to buy a property vs the percentage for renovations vs the excess left for cushion/emergencies? I will have a set...

Hello BP! Recently I have been looking into the new Freddie Mac CHOICERenovation Loan. Its a newer loan that looks right up my alley for my future investment. Has anyone ever tried this? What are the differences betwe...

Lets say you use 100K of capital gain to buy a 100K rental property using a 1031 exchange.  Can you shortly thereafter do a  cash out refi, take that 80K in cash without owing tax on it?  I may be in a situation soon ...

Hey Everyone,

I just got off the phone with a seller of 2 duplexes next door to each other 4units total. C...D area. According to seller excellent condition. They are 4 1/1s and gross income is $2k/month ($500/...

My husband and I are shopping around for insurance quotes for our first rental property. Any suggestions as to how much coverage, what we need, how it works?

Thanks!

Back in July a leaking HVAC unit in the attic caused substantial damage to my rental home. It resulted in replacement of flooring, ceiling tiles and repainting certain areas. Total damages were over $1000 (on a monthl...

Happy Sunday and holiday season all! I've got a duplex under contract with tenants who are paying WAY below market rent. The plan is to rehab one side at time to mitigate costs. One side is on a month-to-month and ...

Hi, I'm a new investor and believe I have a good potential. Listed at 120k, comps are solid at $250k. Problem is haven't seen the property, owner is still in property and it's been listed for 1 day. What are the risk ...

Hello friends! Last August, I purchased a home in Arvada for ~530k with $0 down using the VA loan. Since then, a recent market value analysis shows us that our house is likely worth $650k-$700k in the current market. ...