Account Closed
Considerations when rehabbing a rental
Recently I was reading something that suggested putting in crown molding and finer touches to a rental property. The purpose to attract quality tenants. The idea on the surface sounds good, we all want to attract qu...
Angie Briggs
Deciding on what market to invest in….
Can anyone tell me what tools/websites/resources you’re using to determine what markets you’re investing in? I just north of Boston and the deals don’t make sense. I am now considering out of state investing and I’v...
Naoko Potts
Clogged kitchen sink
My tenant texted me to let me know that he is experiencing kitchen sink being clogged.I’m not familiar with the pluming work but I would like to give a try. He lives there 6 months and he told Drano didn’t work.Did yo...
Kelly Williams
Sell rental before capital gains tax?
I am moving out of my current residence and plan on turning it into a rental. From what I can tell if I sell the house within 3 years after moving out, I will not have to pay capital gains tax. The rule is if you...
Bryan Creed
Tenants have submitted 13 service requests in 6 weeks
Hey ladies and gents, I recently move from my old home and decided to rent it out to pay down the mortgage. My wife was a real estate agent so we used her old firm. I spend close to $6500 before signing an agreement...
Ryan D.
Best way to generate cashflow with $400,000
I am seeking input from experienced MF investors. Seeking advice on best way to get started with $450,000 in savings and $100,000 in home equity.My name is Ryan. My wife and I are looking to get back into real estate ...
Alex Turner
Who is using DSCR Loans?
DSCR or (Debt Service Coverage Ratio) loans are loans granted on the bases that an investment property will cash flow based on a 1007 Rent schedule appraisal. The rent schedule is based on LTR rents. The greatest adva...
Kevin G.
Would you flip a house with interior fire damage?
Currently, my business partner and I are looking to put an offer on a single-family home for a house flip. The house is listed for $230k, and we plan to offer $235k. The potential after-repair value (ARV) for the prop...
Alex Gadbois
Is it possible to buy a duplex in Northern California for $100k?
Hello. Is there anywhere in northern California where I can find a duplex for $100k that does not need major repairs? I would consider an SFR, but it seems like multifamily properties have better opportunities for c...
Cody Barrett
What is worse, dogs or cats?
Any landlords with some history with pets feel more strongly towards a pet vs the other? Say dogs vs cats? Does one cause more damage or make it more costly to turn over units?