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Hi guys,I’m looking to get started with my first investment property. The goal is to most probably finance something by putting 20 % down that is relatively hassle free and start generating cash flow. Been looking a...
We purchased our first rental property (in my personal name) in January 2023. Everything was going well until we ran out of money fixing it up. I took out We became late on the payment (2 months) and are now on time...
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I currently have tenants who pay through Zelle and with money orders. I want to move my checking account to a smaller community bank with fewer branches. While the procedure will be the same for my Zelle payers, the l...
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We all know that once you decide to start in real estate and start looking for your first deal you just don’t trip and land on one. As I’ve come to realize while searching for my first deal. I stick to my numbers and...
Hello, everyone. Just received word that my bid was accepted by HUD. I'm waiting for the contractor's estimate in terms of repair costs. It's in the lovely section of Pennsport in South Philadelphia. The address is...
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Hello BP,I was just reading a blog post on here about what to ask your contractor before hiring them. I have one deal in progress with an out of state contractor I have never met but was recommended by an agent that I...
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I'm about 90% done setting up the house after moving in late June from Louisiana to Kansas. Really like the area and started school today. I'll be limited on time since I have homework to do but always looking for a...
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I thought to open a new thread about Blacktip Construction Group who has taken peoples deposits. Many people were recommended to Blacktip Construction by RTR and SWFL Advisors. More of more people have been bringing u...
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Bought a duplex with renters. One renter is saying she did not sign the lease with me so she does not need to pay the rent. Her lease is up Aug 1st 2018. I became the owner on July 20th 2018. What do I do?
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $78,000
Cash invested: $20,000
HUD auction, 5/2 SFR. Updated with paint throughout, tile in kitchen/baths, painted ...