Tuesday Goodband
Carpet Choice in Rental Apartments
On Monday I just accomplished my first closing on my first rental property. I am looking for rug recommendations. Currently there is bur-bur in place, and when looking into purchasing a new rug an associate mentioned ...
Richard Mahn
Multi-state LLC?
I live in Texas and have one rental property in KS. I'm looking to acquire another rental property in TX, and I'd like to establish an LLC to benefit from the liability protection. What do I need to know about a TX LL...
Kelly McMillan
Help! Pet damges of $4500 above deposit.
I allowed a tenant to have pets (3 small dogs), with a pet deposit of $300. He was the first tenant in a newly renovated unit with refinished wood floors. After several visits in which I found feces on the floor, a gr...
Lee Fahy
Investa-Brothel the Odyssey
My wife and I had been interested in purchasing a rental property for about a year with the intent of making this a business. She's a teacher, I'm an engineer and we have little faith in the future of Social Security ...
Jessica H.
engineered hardwood flooring for low-mid flips, maybe rentals?
I am trying to decide what the best type of flooring would be to do. The first house is in a popular historic college town. Most homes even the rentals have hardwood floors. Sell for around $150k .The second house...
Bienes Raices
Lead paint and rewiring (rental built before 1978)
I've been to see an REO that's been sitting on the market (built in 1970). It's in reasonably decent shape but it does have aluminum wiring, which I would need to have replaced for insurance (and safety) reasons if I ...
Todd C.
Analyze my first potential deal!
Hey all! I've been posting recently about a property that my mother/uncle recently inherited. Its a SFH in NJ (down the shore) in an > 55 community. The house was paid for in cash, so no outstanding mortgage, prope...
Mark Updegraff
The Marcellus Shale Money
It seems to me that the public at large as well as investors are unaware of the BOOM that is happening due to gas exploration! I think that everyone will agree that in our field we keep our eyes and minds open at all...
J. Martin
Deal/Success Story in Process: Cash Flow in the SF Bay Area
Just under a month ago, I closed on a 4plex in (East) Oakland, CA in the San Francisco Bay Area. It was a HomePath property that had been on the market for just over 6 months, and was able to squeeze in with a convent...
Matthew Irish-Jones
Why your BRRR is going to lose money
Top ten reasons you will lose money on your first BRRRR. This list has been pulled directly from the school of hard knocksGenerally speaking and based on NY building code1. You think the cheapest house has the most m...