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I have 1 property which rents for an above avg $1275/mo, SFH, tenant pays all utilities, yardcare, etc. We did a full reno 3+ years ago and have a mtg so cash flow is only about $450/mo. So far we have had 3 tenants...
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Hi All,I'm purchasing a New Jersey quad at a short sale cash price of $255K. The seller owes the bank circa $280K. We went into contract in March 2016, with an inspection shortly thereafter. Few weeks ago I learne...
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Curious what everyone does to keep track of all utility accounts and monthly bills for your properties. We have 7 units across 3 properties right now and varying accounts for each one - Gas, Electric, Water, Trash, Se...
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I am buying a new property and plan to rent the first one. Wondering if I should utilize a property management company or rent myself. Pros and cons of each one. Thanks in advance for any feedback.
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I'm trying to buy a duplex. Part of the agreement was to move the tenant on one side out so I could move in. The seller is having trouble finding him a place- he's a disabled veteran. They were on a month to month lea...
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A duplex in my area is listed for 197,000. The following information is provided: "This duplex has been totally renovated inside and outside! The kitchens have new cabinets, new counter tops, and new appliances. Th...
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When, if ever, do you depart from the 70% rule in making your max offer on a property?
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Hello AllHaving completed a 1031 exchange there are some important lessons i learned. I haven't read about them anywhere so just wanted to share with you all so that you all could be cautious. 1. 1031 company - Title...
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I am having trouble organizing my daily, weekly, monthly, and yearly goals with regards to RE investing. I have a To Do list on my smart phone but I need something more and simple would be great.
Would be curious to...
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Hello!I acquired my first home that I will be renting out in San Antonio, hopefully as soon as possible. I was hoping someone could assist me with the order of operations and tips on late rent and eviction process.I h...