Makeila Logan lafate
How to gain a partner
Question guys. I found a 4-plex in Winston Salem, North Carolina for 115,000.00. Apartments are well maintained, all electric, newer floors and central and in an ideal location for renters. I ran the numbers through t...
Manco Snead
Problems with OOS Property Tenants
Greetings,Looking for thoughts on the following scenario. My first OOS duplex, owned for one year.Side by side, 1976, clean neighborhood, nice backyardsPurchase price: $200KTotal rent/month: $2000Mortgage: $1000 Rate...
Christopher Boggs
Property Management without Tenant Placement
Can you get property management, but place the tenants yourself. I am starting a small single-family rental portfolio. I am not worried about interviewing tenants, and placing them, but I do not want to manage the pro...
N/A N/A
Finding a tenant
Hello,
I just bought a house in the southwest suburbs of Chicago. 3 BD, 1.5 bath, immaculate. However, i've only gotten ONE call in about a month. Advertising in 2 papers, MLS, and on a rental house website. Is ther...
Sean Brennan
Partnering with a General Contractor
I just read a nice blog by Mike LaCava about flipping houses:
http://www.biggerpockets.com/renewsblog/2013/02/03/flipping-houses-with-no-money/
I found the idea of partnering with a General Contractor very appealing...
Joseph F.
Seeking a Win - Win Contract
I am plan to rehab a property. I will purchase the property and finance all of the labor and materials. I have spoken with a contractor, but have never used him before. I will make sure to vet him before I ag...
Mike Rutallie
Incentivising tenants, good or bad idea?
What are your thoughts on incentivising your tenants? My first thought is around making them want to take care of the home. For instance, if I made an agreement with the tenant that each year I would allocate a certai...
Jean Sanchez
Interest deductions and cash Vs. financing
Hi Everyone! I have recently gone under contract for my first duplex in Indiana and it is a cash deal for $75,000. I could not get a conventional mortgage for 2 reasons: a.) the loan amount was too small; b.) we just ...
Ley Woods
New Contruction Rehab
Investment Info:
Single-family residence buy & hold investment in St. Louis.
Purchase price: $5,000
Cash invested: $40,000
My husband and I bought this old burned down 2 family home, and complete...
Myrtle Mike Thompson
New Construction for House Hacking and LTR in Myrtle Beach
I have a couple clients purchasing new builds in the Myrtle Beach area for rental, and I thought I'd share a few observations. First, they were both able to take advantage of year-end incentives through the builders ...