If you're using a property manager, when do you typically get the rent?This is my first time using a property manager, so I assumed they send the rent as soon as the funds clear. Let's say the tenant pays on time then...

Typically, I find virtual staging to not be necessary for marketing our properties. However, recently, we have had a few properties that are not moving and I am racking my brain for creative ideas to generate interest...

Hey, everyone looking for some advice in regards to financing a potential flip. I have about 100k in equity in my primary residence and have heard some success stories in using HELOCs for flips. In my market, you can ...

I’m having a hard time figuring out how to calculate repairs. I have a few of questions.1. How do you figure out what percentage you should set aside from your rental income per month for repair costs?2. In “The Book ...

Does anyone install reconditioned appliances or just spend the extra money and put in new ones. We have had pretty decent luck with reconditioned stoves and refrigerators but recently had two bad experiences.

I'm looking for anyone who has any personal insight on a similar situation to this one. Submitted an offer on a house (investment property) and written in my offer I included that the offer would be taking the house a...

OK, a 3bdrm, 2.5ba 1419 sq ft townhouse, needs no repairs, is ready to be rented, has insurance, owner needs out as of yesterday, it has a $27k mortgage and has a FMV of $116k. I'm about to fax an offer over of $89(...

Smoke detectors – Use actual smoke to test the sensor. By spraying smoke into the alarm, you get a true indication if the alarm works. The “test battery” button only test the battery. The sensor is just as important. ...

Hey Guys. I was under contract on a REO home that needed a roof, HVAC and foundation work. The foundation work turned out to be alot more than what was sensible ( Estimates from $20k-$25k).The bank wasn't willing to n...

Hi, I'm curious if a tenant may receive credits towards the purchase price for making repairs or improvements to a property. Will banks typically accept these credits as valid?