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Since I see such detailed posts on deal I thought I'd share my first. My partner and I bought a 4 bedroom SFH in October 2013 for $145,000 with conventional financing, 25% down. It was a FSBO deal from the estate of t...
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I have two units I need to renovate, wanted to know if I should take out the existing tabs and replace with new or call a refinishing/glazing company to renew the bathrooms?What are your thoughts and if you can recomm...
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I'm looking to purchase my first vacation investment home. I'm in the very early stages of researching. Must be a beach area. Purchase price up to 250k or so and be positive cash flow. I would only use it for 1 ...
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Hello BP!There are (2) 4-unit buildings right in the middle of where I like to invest that are part of an estate sale. This estate has liquidated several other larger multifamily buildings in places outside of my are...
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I'm starting a fix and hold. My better half and I are having a discussion on a couple things. This is a b class rental and I'm of the opinion that we should not provide a garbage disposal or an ice maker because those...
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Hi all,As many of you may know there has been a huge fire that's erupted in the San Fernando Valley over the last few days and many homes have been damaged or completely burned. In Starbucks this morning there were ov...
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Ok, I admit it. I listen to Dave Ramsey. Today he had a caller ask about REI. Here are some of his major issues:
1. Be Patient. Most beginners get all excited and think they are going to make a killing, but they ...
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Hello,I would like to know if there are solutions to this problem:Despite the thermostat being set to 68-70 degrees, the tenants will plug in electric space heaters and drive up the electric costs.This is a 4 unit bui...
Hello, We have had continuous, in our mind negligent, problems with our PM in indy, RPM, including:Failure to deliver efficient and timely communication and service over the year.Failure to properly screen a tenant, w...
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I recently became victim to a complex real estate wire fraud scandal. I am writing this first of and foremost to get the word out there so no-one else follows in my footsteps. At the same time, if anyone has any sugge...