Hello everyone, Currently I have a PM managing a property that I own out of state. It’s been two months and I’ve yet to cash flow. With management fees, fee for finding a tenant, and the miscellaneous tenant calls, I’...
I will elaborate further if asked, but I would appreciate some advice and help. December of 2014 I closed on a property using a 203k loan. The repairs required by FHA were rolled into my mortgage. The repairs were to ...
We came across some trailer house units to possibly purchase and long term rent. All of them are rented now and have good cash flow. Several of them are not in the best condition, so we are looking at probably purchas...
I have been getting nickeled and dimed with leaks and clogs. From a prior life in Illinois, I remember we had no problem making all plumbing issues part of the tenant's responsibility in the lease. However, I'm n...
Looking at a property that has a septic system.Is this something that I want to stay away from?Or, as long as the inspection checks out, is it something that is easily managed and won't cause a lot of headache in the ...
Hello all,I mentioned on a post today morning regarding sewer line backup that happened 2 times in a year at a rental property we own. https://www.biggerpockets.com/forums/52/topics/294...I would like to ask if there ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $113,000
Cash invested: $5,000
Sale price: $130,000
This property started out as our personal home and when we ...
Hey Big Pocketers!I need some advice on what to do with a problem with my tenant and the septic tank. When this renter moved in last year, I had the septic tank emptied. I usually only do this every 3 years or so. She...
Hi All,Need some insight regarding some issues I'm experiencing with some tenants. I had a couple move in to my townhouse and in the few months they've been here there's been a series of repairs that were needed for t...
I have a water heater that is not working well. Currently, the water is warm, not hot. The heater is warm to touch at the top and cold at the bottom. This heater is 2 years old. We replaced both elements 2 weeks ag...