As the title states, I’m currently evicting a tenant (we file we sheriff tmrw). The toilet is broken, due to their neglect and with no sense of notifying me. With them not paying rent the last 3 months, should I rush ...
My wife and I are in the process of buying our first home. We used all of our savings for this purchase along with a funeral we just paid out of pocket. We are looking to purchase rental properties, however with our s...
I've found a triplex listed at $78k with a monthly income of $1300. I ran this through BP's rental calculator and 50% rule says it should cash flow about $320, however the tax percentage in my area is just shy of 12% ...
As regular readers of this site know there’s plenty of sentiment (and evidence) that we’re headed for some bad times, maybe even some truly TERRIBLE times.
I have two questions:
1) Are you worried and, if so, ho...
I am looking to purchase a commercial property in the downtown mall in Charlottesville, VA. 6000 sq ft. total. The location is A class - perfect. There are two solid tenants (restaurants) with 5 year leases. They pay ...
Is there any insurance companies who will insure student rental properties at a reasonable premium?
I have a friend who wants me to back him in buying a restaurant. He has been to one of the best Chef's schools, has good restaurant management experience, has a good work ethic, is good with people, and is trustworthy...
When my grandmother died in 2002 she left her townhouse ($500k) as a life estate to my aunt for as long as she wants to live in it. Should she sell it, it is currently on the market, I will receive 1/3, my father 1/3...
Hey guys,I have finally gotten the ball rolling on my dreams of RE investing. I recently got pre approved for a fha loan. I also put in a contract on a duplex. I have paid my ernest money, now i will be having the pro...
Is there a site online where I can have a lawyer write up my wholesale contract so I can make sure I am fully covered.? Also I am just starting out. So I do have a few questions if anyone would like to answer. One- wh...