I am looking to purchase a duplex as our first rental property. One of the units is currently rented by an 80 year old woman that has lived there almost 40 years. She's currently paying less than half the market rate...
My methodology is very very conservative. A lot more conservative than many here. Most are using other peoples money, and taking equity out of houses to buy another, etc. I just really don't want to get to a point ...
Years ago, I had a tenant who's toilet got plugged - but they continued to use it until it overflowed on a weekend and I was the only maintenance guy we had. It was the last toilet I ever worked on... and probably th...
This post is created for 3 purposes. One is to vent, two is to identify if this is an isolated occurrance or Nationwide, and three to have all of us join together to do something about it.
Here is the problem/situati...
Anyone active in transferring assets to their kids? Looking for creative idea to give them a few more dollars before I croak. I already give them the non taxable limit, but am giving them options on property, leases a...
I met with my tenant regarding how we would move forward this year in my property. She began her tenancy with at 10/2016. In 2017 at renewal time, I sent her a notice letting her know that she'd be on a month to mont...
How much do you pay for drywall guys to repair a wall or ceiling?
I got an estimate of nearly $2000 for part of 1 room. Absurdity.
That's when there's less than $50-75 in actual supplies (drywall, tape, mud, paint...
I hear a lot of talk about how it's different this time, and real estate prices won't be affected too much because everybody has so much "equity" in their homes. What people fail to understand is, why do they have so ...
My experience:
I've done a lot of mailings in the past to owners of vacant properties that I've found while driving neighborhoods and for out of town owners (compiled from county appraisal data). The mailing sizes w...