aka I've got cold feet.....SFH in pre-forclosure, not bank-ownedOwner is asking 55KRoof is newer, foundation and house are in good shape. Needs a huge cleanup - see my cat pee post - and everything needs to be painted...
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In my most recent property the tenant had so much stuff with her and the area has some issues. I put in the lease that i asked the tenant to get renters insurance which she agreed to but i never asked for confirmation...
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Hey all, Due to a change in circumstances, and a poorly (unfortunately) timed purchase of a condo. I'm going to need to rent out my condo. For some detail - the unit is worth less than what I paid, and I have a pretty...
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So long question short, my rental property averages about $150 a month cash flow after regular maintenance expenses and minor repairs. But for a capex expense, my next one being a bath tub replacement or replacing the...
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I met with a seller today who said he'd heard of a law that just came out within the last couple of weeks, that protects tenants (from being evicted) when the owner is collecting rent without paying the mortgage.
Now...
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-duplex 228k purchase price rented at 950/side. 3b 1.5bath a side. Market rents 1250-1350. Leases set to expire feb 2023.
-seller renews one lease while under contract a full year at 950
-First year cashflow goes f...
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I have a single family home in Fulton County, Georgia with a tenant that has been in place for a few years. She has gotten behind on her rent before but would eventually clear her debts and any fees. This tenant sto...
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I made all of the rookie mistakes and now I must learn and hopefully recover from them. I purchased my first rental property in May 2021 sight unseen through an online auction. There were 60 properties for sale and ...
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I'm a new investor and buying a handful of buildings in a LLC. I have read that you shouldn't make any claims on insurance unless its catastrophic to keep costs down. If that is true, it seems better to go with a 5k...
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When my wife and I bought a new house, we turned her house into a rental. I negative cash flow about $150/month because the house is underwater by about $80k (value $100k, owe $180k). She took out a first mortgag...