Terry Z.
Should I sell or keep holding it
So I am facing a dilemma here. I bought a property two years ago and that was my first rental property purchase. I paid $175k with 20% down for the property in a okay neighborhood. For the past two years, I have had p...
Tony O'Brien
Why Real Estate Income properties outclass Stocks and Bonds.
Investing in real estate has increased in popularity over the past 8 years becoming a popular investment vehicle, the art of buying to rent really became a broad market approach shortly after the 2008 housing crisis. ...
Caitlin Jones
Rehab went over budget, now stuck.
Attempted to rehab house to turn into rental. Everything we uncovered just kept adding more and more to do. House is now down to studs and needs at least 100k more work. Should I just sell as is and take the loss? Is ...
William Lok
Tenant Wants to Break Lease
Hey guys,
I just got notice from my tenant today that he wants to break the lease for two properties that he's currently renting out. The lease does not expire till 9/30/2014 and 1/31/2015 respectively. I went throug...
Mitchlyn D.
Tenant Eviction - How to handle the deposit scenary
I have a tenant who moved in June 2018, signed a 1 year lease, and submitted a deposit.This weekend I learnt that they cannot make the August rent payment and we have agreed to part ways.Question: Being that they bro...
Jim Viens
Dealing with insurance on a burned house
I have a solid lead on a house that was burned out last year. The lady owned it free-and-clear but I'm not sure what things to ask about the insurance claim or what to look out for there. Am I ok if they just received...
Todd Campbell
Barrier Island hit hard during deal
My gut is telling me to run away from the deal that I have been working on. What is your take? I have a signed PA for a property in North Topsail Beach, NC. Due to a complication on my end, I asked for an extension a...
Leonard Wright III
Newbie With a Torch and Path
Hello,I would first like to say thank you to all of those that take the time to invest in the community, helping others to that path of success. My name is Leonard age 26 semi-newbie to the real estate scene, I have s...
Tim Barnes
How to wholesale a property with quitclaim deed?
I am new to real estate and have came across a distressed property for sale and have already began building rapport with the current owner. The owner is looking to sell the property with quit claim and is interested i...
Andrew R.
Insurance type, coverage level recommendations?
Hi, looking at my first SFR rental, out of state in Kansas City, MO. The house is approx 100K for 3bed/2bath, built in 1960 but rehabbed. Got an insurance quote for $1300/year. (It sounds high). It covers 250K replac...