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I put a REO SFR house under contract in Cape Coral earlier this week. Today I had a professional home inspector come do a thorough check. He found several areas where water has been seeping in the house for some ti...
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Hey all, after months of stress and agitation finally closed on my first investment.Here are the numbers...what do you guys think?Single Family 2/1Asking- $290KPurchase -$250KAppraisal -$275KDP- 20% ....didn't want to...
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Lay it on me friends, I want to hear what you hate about land lording. What should I expect that is a real PITA? I read in someone's post the other day that they hate land lording. It is my goal to try land lordi...
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Just got a report from the tenant that they have disconnected the gas stove because it turns itself on when they are gone? This is a modern gas range with electirc ignition. Said they have come home twice to a hot hou...
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New 4-family property.At Arch Buyers, my business partner and I just bought a 4-family property in St. Louis County. The two upstairs units have brand new duct-work. There are furnaces in the attic to provide forced a...
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I'm putting a new roof on a 1,150 gross sf ft brick 100 year old rowhouse. I've had 2 highly recommended roofers in and my head is exploding. Roofer #1 only uses PVC, and tells me he'll wrap it over the low parapets ...
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Hi everyone, I was just reading through this article today,
http://www.biggerpockets.com/renewsblog/2013/01/16/how-to-lose-money-flip/?utm_source=BiggerPockets+Newsletter&utm_campaign=65d81ad5e0-January_17_2013_...
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My partner and I purchased a duplex in Phoenix, Arizona about a month ago. It was being wholesaled at 102k with both rents equaling $1300 a month. We closed on April 18 and the rents for the rest of April were pro-r...
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Thank you in advance for your time and thoughts!Context: This is my first rental property.First year was great and we renewed. We are 7 months into second year, they have been late 3 times (excuses include they were ...
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Isn't that always the case?So I have a fun situation. I own a house and I have excellent credit and make a reasonably decent income. The problem is that I am a joint tenant with someone who does not have those things....