Hi everyone,
A tenant is moving out and I noticed some damages such as dented/chipped door frame, possibly happened when he moved his furnitures in. I brought this up and he casually brushed it off saying something a...
I have a strange situation, and I'm not sure how I should proceed. I have an executed lease with a tenant to start July 6 (yesterday) for 6 months. He is coming from out of state and is here only temporarily. He pa...
I have brought this up a few times in other discussions and figured best to a new post so everyone can follow along and see how the build is coming. Here are the specs on the property. Duplex, 3 Beds 2 Baths 2 Car ...
So...the kitchen in one of my rentals really bothers me. It's really old and tired looking.
It's apparent that the cabinets have about 20 coats of paint on them. Some of the cabinet drawers don't slide/close nicely...
One of the panes (left side, middle) has a BB gun hole through it.How does fix this on this style window??Debating whether I should replace the whole window or not. Plannign for it to be a rental, but want to make it...
I found a really ugly house today. Going for half the price per square foot of the rest of the houses in the area. Huge potential, but one of the limiting factors is the Mansard Roof.Have you ever purchased a house an...
I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...
Hi everyone, I just discovered this site a few days ago and have been doing a lot of reading and have learned a LOT. My question is regarding the 50% rule - my understanding is that it is a fairly conservative ratio o...
What is cost of a Furnace These Days?Just picked up a home. Am squaring up the floor joists in the crawl space. While doing so contractor notes the rusted thru duct-work, (made of tin back in those days.) - Fine, le...
What is recommended, hiring a real estate agent to find you a tenant or do it yourself? I know it depends on what market your at, but how long does it take you on average to rent your property out? And if you use a...