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I am closing on a new duplex in a few weeks. The property has 2 existing tenants that recently extended their leases in July. I want to make the purchase transition easy, seamless and not scary for them. I have two in...
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Had breakfast with a close friend of mine this morning and I explained that my goal was to eventually have minimum of $5,000 month coming in (after taxes) from rentals in low income / working class neighborhoods. And...
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Hi,I wanted to know what everyone's thoughts are on this situation. I have a tenant that is insisting on some repairs. I scheduled a date/time to come inspect and go from there. I kindly asked her to please make sure ...
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BP! Here is the situation:I am a first time investor and and am looking to purchase a foreclosure to rehab and resell. I have been really working on creating my systems to ease the process of a flip, as well as set up...
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I would like to sell my house on my own to save on commission fees. I live in CA so it is legal for me to sell my own home. I need some guidance however as to what paper work is involved and how i go about getting tha...
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Hi All- The tenant was evicted in 2018, she says she fell I’ll buy repaid the arrears. I will be confirm that. For past three years, she is staying with relatives. He credit score is marginal. She has social sec incom...
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I have a strict no pet policy, but lately prospective tenants have been saying "but my dog is a service animal." Is there a legal definition in my state of Michigan of a service dog? I don't think I can even ask a pr...
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I'm all in on vacation rentals. While so many investors are searching high and low for that multi-unit that's a bit under-priced, or that's slipped under the radar. Or that SFR that other investors have overloo...
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A fellow contributor here, John Carbone, sent me a link yesterday to a lot for sale in the Smokies. The price certainly seemed reasonable. It so happened that I know the owner of the lot. He is one of our homeowner...
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I've been searching for my first investment property primarily in the Cleveland area. The property I am considering purchasing has an inspection report but I don't know how to get an estimate of cost for the recommend...