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Hey guys, this is my first post here and might be a total newbie question. I'm looking to buy a commercial property from a family member. Its been owned for years and used as a plumbing business, it was never rented s...
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TLDR: Company did shoddy work that is beneath my standards. Should I make the contractor come back and do it the right way even though he has to take a loss?Here is the long version:I have a problem that I hope peopl...
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Howdy Houston REI's,I thought I will hear stories from investors and landlords from the GREAT TEXAS Winter Storm but surprised didn't see much. Anyway, let me get started and share my story and lesson learned.Yes we a...
Hello! I have a fourplex. The water bill is usually 500$ every 3 months. Now there was an increase in the bill to 1,755$ for 3 months. I called the water company. They said they will send someone in 2 weeks.I checked ...
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Hi, I would like to hear from other experienced landlords how long it takes for you to get an apartment in rentable shape, I'm talking in a situation where it's not in terrible shape, kitchen bathroom are ok, walls a...
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Being based in Houston, I usually recommend to first time investors to start in the suburbs rather than close to downtown. While getting a young professional rather than a family of 5 sounds great, dealing with older ...
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Hello all, I may have found my first unit to purchase. It is located in the Midwest.My question goes out to others that have purchased older homes along with experienced 2 unit landlords.
First off, the home is old...
Hello all, I am looking to be a first time investor in Illinois while living in Iowa. It would be a multi-family home with two units (two bed / one bath, each). For now, the numbers I'm anticipating are as follows:...
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Hi all, I have a rental home and Im looking at refinancing to do a basement renovation. It is an ambitious project as its currently a dirt floor basement. It requires a whole next deck (two stories) and cutting in win...
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I’m closing on my second deal in a few weeks. It’s a 2 bedroom 1.5 bath in Remington.
For people that have more experience investing in Baltimore city, what do you think about dishwashers and other kitchen updates? ...