I am a professional software engineer, and I have some extra time in the evenings which I would like to use to generate some side income. I'm just getting into REI and am excited for this adventure.My question is this...
I've been looking at STRs in the Smokies and was amazed by the fact that most of these properties actually come furnished! For someone strapped for capital, the additional ~$10-20K saved by not having to furnish a pro...
I have a nice backyard and I made the mistake of letting a tenant let her lab run around the yard (3 flat w/ other tenants), the lab is destroying the mulch. So I want to build a dog pen with a shade, 6 ft in height m...
Well here is hte story
I had a family of 5 apply for a huge 3 bedroom unit we have available. They seem very nice and responsible from first impression. The wife however, has an eviction from 6 years ago that she did...
I have two nice tenants who let their dog run around in the backyard. Its a golden retriever. My spidy-senses tell me that the new tenant moving in will complain that when she wants to come in throught the backyard (t...
I am a newbie and looking at SFH's in the Hammond, Highland, Indiana for now. I have come upon a nice 3bd. 1 bath 2 car garage (no basement), 1100 sq. feet for 29K in a nice area of Hammond, In. Rents in this area a...
These are some "rules of thumb" from another real estate investor by the name of Danill Kleyman. They look pretty helpful to me:"So in order to do that, you need to set up some basic “ballparking” rules of thumb. For...
I got a call from a seller today who has a 1300+ sq.ft. house that been vacant and yellow taped for some time. The house sits on top of a hill, giving it a nice view, but that is giving way and sliding off. Half of th...
Hello! My husband and I have been reading and researching for a while now. Running numbers in our area, we keep ending up with negative cash flow projections (even offering 20% below asking price). This seems to be th...
I own a property in a nicer part of LA that I property manage myself.
For my next deal, I'm considering a 12 unit in South Central LA and am currently in contract. The deal makes a lot of sense, financially. ...