I'm looking to buy my first investment property in Merritt island or Cocoa Beach Florida area and I would like to know if there are others who roll the dice on not carrying a full home owners insurance policy. I would...
Have about $2k of profits sitting in a checking account solely for my rental ($4k total with SD).
When can/should I take the excess profits out and invest them?
$14k Gone.Right when we thought everything was going smoothly and we were in the process of closing, an inspection report came back with findings of Moss, Black Mold, some Lichen, and gleocapsamagma on the roof. I wo...
Couple months ago a tenant on third floor of a 6 unit apartment building complained about squirrels. Tried to take care of the problem ourselves with no luck. Cut down all trees around the property. They still were ge...
Hello All,Looking for some opinions from more experienced investors.The basics:I close on my first investment property this following Monday. It's a SFR, 3/1.5 in a C+ neighborhood. Cost is $39,900 and will most lik...
It seems easy to park money in a checking account for property reserves, but that feels inefficient.Where do you keep your rental property reserves?
So I've been analyzing properties for more than a week. I've built an impressive spreadsheet that accounts for just about everything, and it's remarkable how accurate the 50% rule is in general. Bottom line is this....
A guy was walking around the neighborhood last night offering free quotes from "Power Remodeling" on new windows and a roof. I knew my house was due for a new roof soon as it's 18 years old, so I let him have a look. ...
Got a property under contract from an agent that is doing the property management. At first, he said everything was functional and livable. Then after going under contract he said they replaced water main from cast ir...
Apartments should be in your retirement portfolio. Get 8 to 12 percent return.