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Hi All,
I am in the process of purchasing my first investment property and found one with great numbers but inspection found knob and tube in attic and some in basement. According to the listing/owner the electrical...
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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...
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Hi,
I'm looking for income producing properties, where is a good place to look ? REO property ? foreclosures ? local mls ?
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Just happened to watch Dateline Sunday night and they did a great piece on Detroit. A recap Detroit economy is going through some of its toughest times. There are rows of vacant, damaged houses with nearly vacant ne...
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Hello all, I recently started investing in real estate which is probably the greatest decision I’ve made. I reside in Orange County, California and rented my primary home which I’ve owned for a little over two years n...
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I've been having a big problem with tenants in Detroit. They move in and 2nd month don't pay. They know the system and stall court hearings and end up staying in the house free for months. By the time I get them.out t...
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To any LLs who rent to people who are working class but pay their own, unsubsidized rent: be advised that you should build up some cash reserves. New England Journal of Medicine just published a case report of the di...
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My wife and I have three houses that we rent out. This journey started about 10 years ago. We have 15-year mortgages on these. The houses are worth about $800K (TX). We are very happy with how these houses appreciated...