Bradford Myatt
Buying a SFH with negative cash flow
Hey All,After analyzing a deal for a SFH rental mortgaged over 15 years I have a negative cash flow for the first six years. Is that an absolute no-no? I prefer the buy and hold strategy so I don't mind having negat...
Juan David Maldonado
How do I convince mom to convert grandmas house into a rental?
Hello, Y'all, My mother took over the delinquent tax payments to save the home. Her idea is to fix it up and live in it ONLY. I do not know why when my sister, father and I show no interest in living or moving back t...
Dave Atwal
Checklist for Rental Property Periodic Inspections
Hello,Is there a comprehensive rental property inspection checklist that you've used for periodic inspections? I googled a few websites and didn't find something that was simple, crisp and thorough.I'd like to send so...
Nate S.
VA appraisal and asbestos
I did a lot of renovation on my house that I plan to REFI under a VA home loan. The vinyl in my kitchen has asbestos but it's not exposed. I was planning on just covering it with vinyl floor planks. Will this affect m...
Juan David Maldonado
How do plumbers charge for their services?
How do plumbers charge for their services? I own and I am fixing up my grandmother's house. The water has been disconnected for about 15 years. Do the pipes last that long after not being used? Do I have to install ne...
Adnan H.
Owner occupant property - Can you rent ?
Hey all,I bought a property last year (cash) for my parents as owner occupant from homepath. My father is on the deed as the owner occupant. At that time he was planning to relocate and retire in Florida. We have reno...
Brady Alford
What do I do with this driveway
Hey guys - question for the group here.I have a house that I'm rehabbing to flip that has some driveway issues. Comps are in the 150k-170k range.The driveway wraps around to a garage around the back of the house, and...
Sharad M.
Hello from Chicago :)
Hello all-
I just wanted to introduce myself to the community. I am newbie from Chicago, IL. I am very excited and slightly nervous about starting out in real estate investing. Just wanted to say hello to you all, an...
Mitch Turgeon
Can I contact a home for an unknown future date?
My neighbor is 92 and has a home that needs a lot of work, but with MAJOR upside. We have mentioned to her daughter that if the day ever came which they needed to sell the home they should come talk to us first as we...
Kevin Hockaday
Probate leads?
If a homeowner never creates a will what happens to his/her home?