I was in @Brandon Turner's webinar yesterday and thought all the info was super helpful but one question I'm trying to reconcile is $100 - $200/month enough on a rental to cover any potential downside risk. I partner...
Hello all. Glad to have found this community! I am from Sacramento, CA and I build CNC machines for a living making a modest wage, but do not see it as a permanent path to success. I am 21 years old and just purchased...
I have been studying the 50% percent rule as I look to purchase my next property and wanted to make sure I am correct, in that taxes and insurance are to be included as part of the 50 percent of expenses. The expen...
Hello everyone,Recently I've been looking into the logistics of become a section 8 landlord. This was recommended to me by my agent based off of the class neighborhoods I'm interested in investing in. Based on budgeti...
I want to do a live and flip over the next 1-2 years. I have 3 roommates that are willing to pay me $475/mo in a home that suits their expectations. I've found a property that is $165K in my favorite, most desired nei...
just bought a property, inherited a tenant. very nice property, side by side. 1bd 1ba. she has been there for over 10+ years, maybe 15. she pays $475. the lowest rent surrounding is $775. I want $850. mortgage is $1,2...
Hello! I am under contract for a SFH in WNY and had a chimney repair (loose bricks at the top) contingency in the contract after the house inspection. The repair was completed, and I received a photo and invoice for t...
You had an agreement (contract) with your Property Manager that they are to get your approval before they go ahead and do any work orders. I just got new tenants in: week one we dispatched handy man because tenant com...
I have 1 door that is completely paid off. Its generating about $400 a month cash flow. I really would like to get into buying a few rentals/BRRRR. My current rental is being rented out and needs a few repairs. Wish l...
I live In New york and I'm looking to start my REI via househack. Being that this is all New to me, the one thing that worries me is landlording. Having the emergency funds for random repairs and so on is my biggest ...