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I'm converting my OO residence to my first long-term rental property. Advice/pros/cons on hiring a property management company or doing it myself? Cash flow will be approx. $1,000 without accounting for property manag...
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Hello everyone, hoping for a bit of advise here. I've connected with a Seller who has a traditional 3/2 ranch style home that is structurally fine, but is in need of total interior renovation. Seller is willing to se...
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Background: SFR in MN I’ve owned 16 years. Tenant has been renting since 2015. Was 2 year lease that is now a month to month and she had been behind on rent for several years. Tenant always made payments, but always l...
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I am planning to purchase a multi-family proprerty in the relatively near future which I intend to house-hack. I would like to save up enough for both my down payment and an emergency fund. From experience, what would...
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Hi folks,
My new tenant was placed in my St Louis property last December. Since then, she’s had a multitude of complaints about various issues big and small. I’ve spent $10k to fix issues like new HVAC and fridge.
S...
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A common scenario I find is this:1. Fannie or other property is listed for sale.2. It sits unsold for some too-long period of time.3. I make an offer.4. My offer is accepted. 5. I am informed that there are suddenly m...
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So, my first investment property went sour. Being new, I think I dove in head first without thinking of all the possible issues I could be confronting.I financed a single family property with a hard money loan. Things...
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To preface...long (long) time listener, first time caller.
I have been assisting in working a deal on a mixed use building with a single, stable tenant who is committed to a long term lease after close. I have 2 par...
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WE rehabbed a property in Wilmington, DE and put on market after 2 months. We signed a contract for $5000 under asking price and was set to close with in 30 days. Their inspection came back with items for us to repair...
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Hello everyone! I'm Hyun Cho, currently living in Leesburg, Virginia. I'm completely new to investing in real estate and currently learning all I can. I grew up in Northern Virginia and lived in Santa Fe, New Mexico a...