Hello everyone,
In November 2018 I bought my first rental property.
Characteristics:
Purchase Price: $160,000.00Down Payment: $40,000.00Gross Monthly Rent (at time of purchase): $2780.00/moCurrent Cashflow: $800.0...

I'm In the process of insuring my first property. I found a company that is willing to do ACV (Actual Cash Value) or RCV (Replacement Cost Value) insurance and will give me quotes based on a calculator where I can inp...

I got an offer from a utility company for one of my rental properties to purchase insurance for the exterior water line service for $4.95/month. Is it worth it or am I better off just saving that money? What is the li...

We have found a 4-unit multi-family property built in 1984 listed at $499,000. Each unit is 2BR/1.5Bth and they currently have tenants in each, though one is moving out at the end of the month. Our thought is that we ...

aka I've got cold feet.....SFH in pre-forclosure, not bank-ownedOwner is asking 55KRoof is newer, foundation and house are in good shape. Needs a huge cleanup - see my cat pee post - and everything needs to be painted...

Hi everyone,I've just had an offer accepted for a short sale, which doesn't work as rental, but could work as a flip if the numbers are right on the comps.How are comps usually run, do they go on the price per sqft on...

Hello...I am new to this forum. Live in SoCal and have been investing in SFRs mostly and one Multifamily since 2009. I have sold most of my investments due to capital appreciation (yes! I did pay pretty hefty taxes bu...

I bought SFR in Simsbury Ct in 2007 and recently I had  to move to Charlotte, NC because of my Job.  I am looking for advise, whether I should sell my house  or Rent it out.Purchase price in 2007   $350,000Outstanding...

I live in the Rochester NY  area. I've been looking to buy my first multi-family house all summer long.My search has been mainly on the mls and craigslist.I've been having a hard time finding something that will meet ...

Hey BP, curious how others handle their appliances? I have 3 units total, started last March and have now had 2 refrigerator issues, costing me $730 total. First refrigerator broke down and was such a foreign brand no...