Hello everyone. Would like to ask the community for some advice on starting out. I live in Los Angeles, have about $75k, excellent credit, and great W2 income. I am looking to start out in REI and could use some gu...
Hi All!Just closed on a three family with existing tenants on a lease. I have a few questions on how to go about communicating expectations we have as the new landlord.First, how would you communicate expectations and...
Hello all,We are looking to buy a condo in Austin area for us to live in for the next 5-6 years. But the condo price is $350k for 2000 sq ft. Not sure if it retains the value over a period of 10 years.We are also look...
This 3BR house has only been vacant ten days and a lady looked at it and said she will sign the lease if A-- we paint the kitchen a different color, and B-- if we let her put up a chain link fence around the back ...
Hi,I dabbled in real estate years ago (2004ish) by buying a 4 plex, renting it for a couple of years, fixed it up and sold it for a really great profit of ~$100k. From there I did a joint venture with and built a hou...
What is one thing you've added to your lease that may not be in the standard lease that has prevented a problem you had from happening again? Not looking for the specific wording unless you'd like to share, but the "...
Long story short, my fiance and I own 5 properties in US and Canada generating about $88K USD of gross annual rental income. 4 are SFH and 1 Duplex. However our estimated annual cash flow is $6500 USD after PITI, prop...
I am starting this a bit late, but am excited to share my experience. I am going to post comments with photos in chronological order to catch up!I found this foreclosure home in Pickerington, Ohio on Hubzu.com. It w...
Husband and I started on our first flip in January. I thought I was prepared. Had done a lot on research on internet. We spent first couple weeks emptying house of boxes and general trash. First mistake was we start...
Hello,
I am a first-time landlord who has run into some major issues with my first purchase. I am looking for advice on how to proceed. Below is the series of events that has led to now.
I found an apartment buildin...