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Task:
To buy and hold rental properties, likely also including the Section 8/ Housing Choice Voucher Program (HCVP), to creat a cash flowing portfolio in Baltimore, MD.
Challenges:
1.) Finding a reliable real estate...
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I've had several complaints from neighbors about one of my rentals in GA, which has a Section 8 tenant. The tenants pay rent on time and treat the property at the minimum acceptable level. They punched a hole in a d...
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I have a tenant candidate who has evictionS on his record. Currently he doesn't work and gets unemployment, is a student and his fiance who is the only one working. Two kids. He showed proof that he can pay 1 year.Wha...
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My wife and I are very curious about REI and we're starting to educate ourselves on the business by reading, and investing more time into BP resources. We are currently stationed in Clovis, NM with the Air Force but ...
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Today is my first "decision" day. I am under contract in my feasibility period on my first multi family investment deal. I have another week in my feasibility period but tomorrow is inspection day, so lots of $$ ...
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I just bought a triplex in South Florida as a house hack. One of the units that will be occupied by a tenant needs a new bath tub. It currently has a bath tub with tile. The tile is in good shape but the tub needs rep...
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I'm In the process of insuring my first property. I found a company that is willing to do ACV (Actual Cash Value) or RCV (Replacement Cost Value) insurance and will give me quotes based on a calculator where I can inp...
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I see a lot of talk about the importance of hiring a property manager (PM) rather than self managing. For 20 years I have managed my own properties so I wanted to offer some thoughts on the advantages of self managing...
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We all know about the 70% rule and how it works. But if your numbers are correct for ARV and repairs, and then have to back out your assignment fee as well. Sometimes its difficult to get your offers accepted beca...
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I have a tenant in an out of state property which I am self managing. She put in a maintenance request through Latchel (the RentRedi maintenance management system) for a leaky pipe in the (unfinished) basement. They r...