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Hi Everyone!We took possession of our first rental on July 15th and we are self-managing it. We've prepared a pre-screening questionnaire with guidance from Heather & Brandon Turner's Managing Rental Properties b...
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I am looking for a reliable and inexpensive service that allows tenants to have rent automatically paid directly from their bank account monthly. Does anyone use a service like that? I've had Intuit recommended but it...
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I have a house under contract here in Omaha. I agreed to buy the house as-is with no repairs to be done by the seller. I had a home inspection and discovered a couple of repairs that will cost me a few grand. I had ba...
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Morning everyone,I am looking to buy a home in May when my lease ends. I plan on buying a single family home with a minimum of 3 beds and 2 baths. I am currently renting a 2200 sq. ft. 3/2 house for $1500 a month. Aft...
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Hey everyone, long time listener, poster and reader - first time investor. I have been in the analysis paralysis state for a solid year. I get super close to making a move and back off when it's time to put pencil to ...
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I purchased my Los Angeles (Compton) 4-bedroom home in 2013 for 240K; according to Redfin, it is now worth 686K. 2 years ago the entire house was completely renovated (Insurance claim) due to a burst pipe that caused ...
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I just got a Bigger Pockets email with an article about all the reasons I should not invest out of state. I live in the SF Bay Area and can not afford to buy in state and that article scares the s*^+ out of me.
If I ...
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Hello, I've been on the lookout for my first rental property in the los Angeles market. I may have found one in Tarzana which I put an offer down on but after reading a book called How An Economy Grows And Why It Cras...
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Ok, so I've been skeptical for many, many years of hiring a PM. My main concerns were that a PM wouldn't care for my properties like I would, that I would pay exorbitant amounts for any kind of maintenance, and that t...
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I was thinking in a long term view. Take two examples, tell me which you'd buy.House 1:100k house, 5k down, 20k in repairsRents for 2kCash flow is 500/moHouse 2:500k house, 25k down, no repairsRents for 4kCash flow i...