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...
Has anyone been sued by the Health Department? I was just served with a Summons & Complaint and ordered to attend a Hearing. The prior tenant had contacted the HD without even notifying the property management c...
As a beginner, I’m looking at my first deal and not sure if it’s going to profit the way my wife and I are hoping. Our biggest question is how to set the monthly rent price?The cost of purchase is around 120k and the ...
Ladies and gents, here is a link to the photos of my latest finished rehab.
I wish I had some good before shots so she the extent of work done. With the exception of the den and cabinets, this was nearly a comple gu...
This is an update to my post "Desperate in Memphis" from December 28th!Great news! We booked our second tenant (in my duplex) at $650 on a one-year lease to a young couple with solid income, excellent credit backgroun...
Providing lots of detail below, but the TL:DR - water usage 15 times the usual bill. No leaks found anywhere (including running toilets) and unsure how they would go through this much water accidently. How would you s...
I would appreciate some advice as I’m getting started looking for my first investment property. I have a friend who is a real estate agent, and I’ve talked with him about my goal to purchase my first investment proper...
Need Duplex- asking price $169,900- thinking of offering $159-161KRents: $850 & $750 ($1600) both should be raised to $900Taxes: $1144Down Payment: 30%Below is the report I ran with a purchase price of $159500. T...
I own a rental property that has been a massive headache since day 1. Anyway, my current tenant is a single woman who owes me a month and a half back rent at this point. She's always giving excuses and lying about pay...
1. Partner Up and/or Hire Up & Hire OutSo much more gets accomplished when you have partners, or an assistant, or a team, or vendors or others with whom you're working. It's a lot more fun too if you're growing ...