Lucas Shelton
Sales marketing with a not so tech savy realtor
My wife and I are on our second flip. All the work is done and we have the house listed at or slightly below fair market value, but no offers. After speaking with some realtor friends in our market, we get mixed rev...
William Johnson
Determining AS-IS or ARV value in a correcting market
Hello all,I live in the Montréal area which is in the process of going through a serious correction. It has changed from sellers to buyers market and housing prices are dropping rapidly (which I am thrilled about bec...
Austin Works
Considering My First Rental Property
I live in an area where townhouses are very popular. However, I have come across an opportunity to buy a townhouse for $74,000 that appraises for $115,000 & rents for $900 monthly. I currently own zero rental prop...
Mia Gregory
Missouri Tax Lien
I live in Missouri, and am looking to dabble in real estate. In Missouri, they sell tax lien certificates. So, when you buy the tax lien, you do not own the property. There is a 1 year redemption period where the o...
Mindy Jensen
What is the WORST thing a tenant has done to your property?
I've heard the horror stories from landlords about how the tenant they were evicting poured cement down the toilet, played hammer darts in every room, ripped out the copper, or left piles of garbage for the landlord t...
Noah Kellar
BRRRR Analysis Question
Hello,I am currently under contract for a home in Asheville, NC at $290,000. This property was built in 1905 & needs some rehabbing along with some cosmetic improvements. I have received retail bids for the work w...
Bridget Smith-Osbourne
Expired Tenant..Proceed with caution!!
Here is my situation; 70 year old Tenant(s) has been renting for past 16 months . One year lease which turned into a month to month. Received a call from neighbors of Tenant, that wife passed away... inside house and ...
Edward Debbs
Questions about tenant responsibility upon moveout in NJ
hey all,I have a house in NJ, and the Tenant moved out after 4 years. I have some examples of the condition of the house and wonder what is his responsibility and what is mine, because in some instances it probably l...
Matthew Doyle
Security Deposit with Inherited Tenant
Hi all,
I'm in the process of turning over my first rental unit. I am househacking a duplex which came with a tenant in place. The tenant has since left, but was not the easiest to deal with over the past year. Upon...
Anthony Sigala
Is the 1% rule dead in Arizona?
We are all aware of the 1% rule--the gross rent produced by a property must equal 1% of the of the property's acquisition cost. The question being, does this still hold true for Arizona? If not, what metric do you guy...