I'm getting ready to buy my first place, a 2-flat, and I'm curious how I should look at my cashflows since I'm using a HELOC from my primary residence as a downpayment. If my CF on a monthly basis is enough to exactl...
What do you offer your tenants if their heat goes out? I’m replacIng a furnace in one of my units, and my tenants, who just moved in last month, have asked me to place them in a hotel until the work is done. While I...
Hey everyone,I haven't provided an update since my last post in November. At that time I asked everyone's opinion on using rental properties to help offset my daughter's student loans. Well, I'm 5 months in and I figu...
Hey there. I'm new to REI and am working on finding a good deal for my first investment. I've come across a property that I like and that appears, at least initial numbers, to look like it might be a good deal. It's a...
Hi all,We just renovated a home in a nice neighborhood. We got a renter for $1,300 a month. She asked about a gas stove. We just got a gas line and a new furnace. Should we put in a gas line for her and buy a gas ...
I’m experiencing a slight problem that I didn’t know existed until now and it may just be regional. (Mobile, Al) The two banks I tried to see what the numbers would be regarding a cash-out refinance, they only do 75% ...
Hey all! I am thinking about buying rental property in Indianapolis, or Indiana due to lower cost. I would love some opinions from people who don't buy property there or who own rental in this state and why they do it...
I recently converted my home into a STR. I wanted to stock it with nice to haves like laundry detergent, drying sheets, shampoo, body wash, conditioner, scent oils for a diffuser etc. So far I have been providing a fi...
I was wondering if anyone has been successful "upselling" rental income by offering extras to boost monthly rent. I'm thinking things like extra $ for optional wash/dryer, stainless frig, security alarm, even a flats...