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Indianapolis. Lower End vs Higher End rentals
I have been shopping around Indianapolis for cash flow rental properties and have found a strong difference in opinions among investors. Some say buy the higher end properties above $70000 on the outside of the city ...
Terri Avery
Need to do lease purchase and need advice and direction.
Our landlord of 7 years has given us notice to move out because they will be renovating and selling this residence. I wish we could afford this property because they would probably do a lease for us here. But that is...
John Soforic
50 percent rule in my world
In reviewing past threads, I admit being sent into a mild panic over this 50% percent rule of thumb, despite the fact that I am experienced and currently own and operate 41 units... single family and duplexes with ...
Sean Murphy
Would you buy a duplex with no central air system?
I'm interested in a duplex in my area, but there is no central air system installed in the home, and the heat is baseboard electric. My initial reaction is to be concerned that window A/C units may not be satisfactory...
Dan D.
Tell us about your expenses
I have a single family rental right now.Vacancy adjusted, I bring in $21,000 a year in rent.My annual expenses are:Property tax: $3200Insurance $900Washing machine $500Plumbing repair $250Irrigation turn on and turn o...
Hubert Washington
Has The Apartment Market Reached The Peak of It's Cycle?
My goal is to purchase my first apartment building before the end of 2016 and I have been studying, reading, and listening to everything I can get my hands on. Recently I have come across information from a few differ...
T Brown
Agent steering us away from short sales, foreclosures, etc
We are just starting out in our buy and hold strategy, and I specifically told my agent that we want to spend around 40k, and are interested in short sales, foreclosures, etc. She showed up for our first meeting with...
Nate Wong
Having problem with contractor again. please comment
I hired a general contractor for replacing roof, remodel kitchen and bathroom along with painting and some other work. the whole project is about $ 65k which include materials and labor with a payment schedule . he's ...
Katrina P.
Problems with tenant BEFORE she moves in...HELP!!!!!
Hubby and I have multiple units out of state in Michigan. What that said, we have contractors doing the work for us, and overseeing things, while they communicate with us. I just had someone sign a lease on Monday, ...
Ryan Johnson
Rentals why no cats?
My wife and I are cross-shopping rentals and buying. Leaning more towards renting though. My question is this... We are very meticulous people. We have the nicest looking home on our street, greenest grass, tidiest ...