Can someone tell me what a normal amount is to pay for Insurance on low end rental properties? I own two rental properties in a 50/50 partnership in Birmingham, AL.
Rental 1: Market Value ~50k. Insurance Payments ar...
It seems these tenants feel a sense of entitlement for not paying the rent. They think life problems they have created with their own choices should be solved by a landlord's pocket book.Economics and running a busine...
Hi,
Does anyone have any strategies in place for mobile home investing after June 1st when the HUD Safe Act starts which will eliminate almost all seller financing? I was really hoping to try mobile home investing th...
My family and I live next door to section 8 tenants who are a nightmare. I have pictures of them selling drugs and smoking marijuana. I've filed reports through the police no action was fully taken. My car was broken ...
I am not a fan of the 2% rule, although I will say I think rent/cost is my favorite calculation. We usually determine what type of rent/cost we can accept in any given area and go from there. According to Gary Keller,...
I just had my duplex fall through, before we got to closing, because it appraised 45k short of purchase price. This was my 5th in 6 months that fell through. I've been working hard to read and do research after work a...
Let me take a deep breath before telling my story...I bought a bank-owned two-family on auction for 460K, 100K-120K below the market price. Before the auction, I knew the property was occupied but I didn't know the id...
Inspired by similar posts about turnkey companies, I wanted to share every step of my experience with TexasTurnkeyProperties.com, which offers turnkey properties in the Houston area. I purchased one side of a duplex ...
I'm at a seminar in Dallas . The guru is Phil Grove. The sales pitch is now happening. Does anybody know if this is worthwhile? A ripoff?