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Hi everyone! I am a new investor in the Hampton Roads Va area. In January I rehabbed my first property. The job was supposed to take 6 weeks it ended up taking 11 weeks. The intial budget was 73K including the price...
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So my tenant moved in three weeks ago. Per the lease, she has 7 days to tell me what wrong with the house after move in day. A week gone by and I asked if she had found anything. She said no just minor scratches. ...
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Hey guys,So I recently got out of my 3rd deal in Cicero, IL (Chicago Land Area). I’ve gone through the process 3 times (Offer accepted, appraisal, inspection) and for some reason something always needs to come up. So ...
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I have a prospective tenant that does not meet the criteria of 2x monthly income and a credit score of 650+. He said times were hard and he was out of work but has money saved. He offered to pay a years worth of rent ...
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Let me take a deep breath before telling my story...I bought a bank-owned two-family on auction for 460K, 100K-120K below the market price. Before the auction, I knew the property was occupied but I didn't know the id...
I sold my duplex and I’m sitting on a pile of cash. Moving forward I will implement the BRRRR strategy to get up to 10 properties, recycling as much capital as possible. I’m excited to move forward in my REI career, b...
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Please anyone with experience of buying foreclosures could you help with advice in this situation?I bought SFH in March at foreclosure auction and got certificate of title on this property. Several days ago I started ...
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Obama sounded almost giddy on how well the country is doing. The stated unemployment rate only ROSE to 9.9%. HOORAY! (however, when you include EVERYTHING in that category, it is 17.4%, almpost a record high)He says t...
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What is one thing you've added to your lease that may not be in the standard lease that has prevented a problem you had from happening again? Not looking for the specific wording unless you'd like to share, but the "...
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If you're only looking to buy one house, is there an issue with making several offers on different short sales and then when one is accepted by the bank backing out on the others (after the seller(s) accept, but befor...