Hey Everyone,I am buying my first rental property soon (closing 1/30) and have a strange predicament. The property is an upstairs downstairs duplex with a tenant in the top unit. The top unit was rehabbed prior to the...
Hi BP,I want to start a series of threads for newbies starting out dirt broke like me to utilize as a step by step process (very concrete and not ambiguous) so they can reach their first wholesale deal. I was reading ...
Three questions:-- biggest lesson learned in your first year as a landlord-- skill that was most difficult for you to learn -- which phase is hardest for you: finding properties, screening / managing tenants, working...
Investment Info:
Condo buy & hold investment.
Purchase price: $87,200
Cash invested: $38,135
$87.2k for a 1br/1ba, $1,400/month rent, $371/month cashflow. 25% down, 4.375% interest rate (no point...
My house in California was rented for three years by a 3-person family. My tenants moved out on June 30th. When I went there to do inspection, I found out that there is a lot of work and only a normal cleaning service...
Hello,
I have a 3-Family house in Albany NY under contract with a 2-car detached garage that cannot be used (roof is collapsing, structural issues). Removal according to the inspector would cost aroun...
Historically, I've been very averse to filing insurance claims for fixing things like broken windows, since I worry about premiums going up too aggressively, and the general ability to get insured at all. I just kind ...
Made an offer on a HUD house in Milwaukee yesterday and it was accepted today. Went to see it again this evening and noticed that the AC compressor has been stolen along with interior copper. It was all intact yester...
can hard money loan rates be negotiated?