This post is more to organize my thoughts and collect feedback on the direction others might take. Here goes some background information.My rental in Des Moines failed the rental inspection for the following reasons. ...
Hi, first time post! This site is awesome, been lurking for a few weeks.I’ve been listening bp podcasts for little over a month now. I’ve also read buy, rehab, rent, refi, repeat.Both myself and colleague at work are ...
Hi,Thanks in advance. I live near Tracy. I feel better to invest in California where I can drive easily like Fresno, Sacramento, etc., I see few of my colleagues are investing in Florida. I would like to get your fee...
To say the least, we're overwhelmed. My mom has owned her rental property for the last 12 years located 2 hours out of state. She's been an absentee landlord for the duration, and we continue to encounter problems wit...
Hi everyone,
I wanted to get some ideas on whether to save up and do a large multi-family complex first (24 or so) or whether to start small. I want to be cautious, but also hear that its hard to generate cash flow ...
I purchased a multi unit property ,the renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...
Hello! A tenant texted me and said the electrical outlets in her walls were making a "clicking noise." She included a screen-shot from her phone that said clicking sounds from an outlet could be faulty wiring and were...
I am trying to research more about investing in Indianapolis. On home facts it says that Indianapolis has a high crime rate. should I stay out of that area and find something on the outskirts? Could any investors in...
I hope this is going in the right forum. I need help! My husband and I bought our house (our first and only home we own) 3.5 years ago. Long story short, we bought a fixer because that's all we could afford at the tim...
Hello, I'm developing a business plan for my REI and I'm wondering what credit score do most people use to determine potential tenants? 780,740,720, 550???? Is the score or the record what concerns landlors most?I pla...