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So we received the security deposit on our first rental and now we are unsure what the next legal steps are. I think I need to open a separate interest account (escrow?) and then provide the tenant with the bank and...
Looking for some advice. This is a property in Indianapolis, IN. All the numbers are accurate. The purchase agreement was signed on 12/18.After receiving the inspection report I was very hesitant to continue. The sell...
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I'm going to look at a duplex in my town this weekend. It is fully rented. Currently pulling in $525 per month per unit. Total gross rent = $1050 per month. Utilities are separate and paid by the tenants less the ...
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Looking to rehab a 1950's rancher, it needs to be rewired due to the old existing knob and tube wiring. It also has original plaster walls in decent condition. I was originally thinking a full gut job in order to make...
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Hi group,I am looking for advice on analyzing this single family home which would be my first buy and hold property. It's located in Palmyra PA near Hershey. The area has A rated schools, major hospital, low crime, an...
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Well. Many of you have been helpful (THANK YOU!) to me already so I'm going to continue to share my experience. This is my 4th or 5th post since I've begun this process. On Friday, I listed my first property for rent ...
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I just wanted to post this as a FYI to those of you with properties in the Baltimore Maryland area. Starting 01 January 2015, ALL rental properties will be required to be registered with MDE as either "Lead Safe" or L...
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Hi all,I've been considering selling the two rentals I have and maybe refinancing one of the two. I'm interested in thoughts from you guys on the pros and cons of selling and maybe some creative opportunities I might ...
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I'm just starting out building my rental portfolio after recently retiring. I plan to be adding 3-6 houses a year for the next few years, but nearly everything in my area is a new flip. I'm not opposed to the flips ...
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Hi Everyone,My wife and I recently bought a duplex and during the buying process we specifically asked a number of times about knob and tube in the house and were promised that there was none active in the house. We ...