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-Initial offer made 11/8/17 (I was on my 90 day challenge twist... turned into 180)-ratified contract 11/16/18 -Purchase Price: 41K-Bro Science Rehab Cost: 20-40K (This is my first one/Kinda winging it) -ARV: 80-120K...
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Hi Everyone,Brand new property owner here in big need of advice. I've owned a property in a super nice central location near Detroit for about a year. So far I've hit little snags here and there but nothing unmanage...
Hi guys, newbie here.
I purchased a rental property in April; because it took a few months to complete all repairs it wasn't available for renting until September.
Here are my questions:
1. Can I deduct mortgage in...
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I'm renovating a unit in my 5-plex (first multi-family rental property for me). We removed old disgusting carpet, and found fir (?) floors underneath. They have clearly been sanded many times and are kind of thin, but...
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We have a drain field on 60 year old home that is "failing". Everyone's solution is "get a new one" - wow..genius. Anyway, any other ideas? House for 60 years didn't have a drain field problem. In advance, ANY ide...
Quick Summary: I bought my first condo to live in, and eventually rent. Read the R&R, everything looked fine. President of the HOA is making it sound like I need to get a permission slip for interior improvements,...
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Here's the question - why are some sellers/buyers disturbed by the fact that the other party in the deal is an investor and will end up making a profit?
Last year I had a potential buyer coming to see a property and...
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Note: I'm very new at this. I've been renting out my former residence for three years, but this would be my first house purchase specifically as an investment.
I'm in the middle of acquiring a sub2 (taking ...
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Hello New Investors,
I know many people get stuck in the analyzes paralysis mode and never move forward. One of the big mental pressure among new investors is, whether I did the right thing to pick up this deal or mi...
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Starting renovating my first rental property. It is a duplex located in a mostly single family neighborhood. One unit was vacant and very outdated (as you can see), and the other one was recently renovated by the sell...