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Hi everyone, This is my first post. I am starting my real estate ambitions in Rhode Island. I was considering strategies for finding my second rental property without refinancing out of my FHA. My best idea so far is ...
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Hi everyone, Wendell Allen here, from Houston Texas. I've never invested in real estate other than my own home purchases, but over the years it's kept calling my name. And of all the times in my life, this is probab...
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One of my tenant in Sacramento had fire in the kitchen. He says previous owner gave him extension cord that started fire. Dont believe him.
He put down the fire and called fire department 5 (approx) later. Kitchen an...
This past winter, my tenant contacted me about an outrageously large water bill. I immediately suspected an issue with one or more old toilets with brass innards, and my plumber confirmed that two were quietly trickli...
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We bought a rehab house with the intention to flip, but it ended needing too much work. I am almost into it for the appraised value. We put a tenant with a lease option. I am about ready to close on the refinance and ...
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Was just reading through Will Barnard's sticky post on wholesaling and one poster in the thread asked something like, "if Wholesalers are finding such good deals, why do they need to wholesale them? Why not buy them a...
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I am tossing around questions in my mind about why foreclosures tend to be lumped together in certain areas of town. I guess these areas could be considered "hot spots" for foreclosure. Of course there are some simp...
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I'm curious how other landlords handle this. After a move out walk through is completed with or without the tenant, how do you: 1) Evaluate what to charge them for? How about if you do the work yourself?2) What not ...
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Hi all,I'm in the process of buying my first building, a 4-plex, and we had the inspection last Friday. Everything was OK, except that water is getting into the building at the wooden joists in the basement (big no-no...
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Can anyone think of or let me know if there are any liabilities I should be concerned with when a renter wants to run a daycare from our property? If any, what all can I do or require to mitigate any risk.