Our General Contractor is requesting a 28% downpayment upon signing the contract for rehab work, prior to any work being started and he claims that he has been doing this for decades and never had issues with that bei...

I'm a new landlord and not quite sure what to do in this situation, so any advice is greatly appreciated. My tenant asked me today if I would replace the oven (gas stovetop) because it has a lot of tiny grease stains ...

Every landlord always talks about how great their investments have been and that's usually the case but we all from time to time run into some real tough situations. Well here is mine -

Beginning of October I had 8 ...

I'll start from the beginning, because there are lots of little details I need to explain in order for you guys to fully understand the situation. (All names are substituted by fake ones for privacy reasons.)In April ...

Hello all. Hope everyone has kept themselves safe. I’m new to the world of real estate investing. I live in Manassas, VA- a pretty western suburb of DC. My issue when trying to run numbers on potential deals is that t...

I spent $33,836 renovating this unit.Here's the breakdown:-Quartz Countertops: $3,500-Heat Pump System: $5,500-SS Appliances: $1,773-LVP 20 MIL Flooring: $4,406-White Shaker Cabinets: $4,000-Washer & Dyer: $400-Ba...

What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...

My business partner and I are closing a 4-family rehab property tomorrow in Central Connecticut.  I will be using this thread to post what we go through on a daily basis.  As soon as I can I will get some before pictu...

Needless to say I'm not having beginner's luck when it comes to connecting with a general contractor.  I have attempted to contact 3 different GCs thus far and only heard back from one.  The one that responded pretty ...

I recently had my rental property thoroughly remodeled w/ my property management in charge.They took a month to get a tenant. When they got a new tenant he reported the heater did not work. He had no hot water. The pr...