It seems these tenants feel a sense of entitlement for not paying the rent. They think life problems they have created with their own choices should be solved by a landlord's pocket book.Economics and running a busine...
Hey folks - so I have a property in a lower-income part of town and almost every tenant who applies has a pitbull. (The animal, not the singer!) Anyway - tenants today know the game. They just need to say "it's a serv...
We bought a property the end of last year that needed more work than we realized, so we started gathering estimates for rehabbing the property. Anyways, we had someone make an offer on our property that would get us o...
With all things that are done intentionally, education comes first. Education is primary to your success in business, and in all circumstances there is an identifiable pattern of learning that leads from thought to a...
For Renee and I, it's all about the numbers. We truly believe that the goal of investing is to get the most return on our investment dollar. A 100k duplex that rents for $700/unit is simply not as profitable as a 3...
Inspired by similar posts about turnkey companies, I wanted to share every step of my experience with TexasTurnkeyProperties.com, which offers turnkey properties in the Houston area. I purchased one side of a duplex ...
Let me take a deep breath before telling my story...I bought a bank-owned two-family on auction for 460K, 100K-120K below the market price. Before the auction, I knew the property was occupied but I didn't know the id...
Hi, I just bought my first rental property 2 weeks ago (I'm in Maryland), and I'm feeling a little overwhelmed with my inherited tenants- any advice would be greatly appreciated!The property is a 3-unit building. 2 of...
I knew this would happen eventually, but I still don't know how to overcome it mentally. My goal is to grow my business (currently 3 rental properties) and work on systems and whatnot, yet I'm deeply troubled by one ...
It’s 2024, and you hear it all the time now: “You can’t buy turnkey, cash-flowing properties anymore.” With the COVID-era surge in home prices, rapid increases in mortgage rates, and rents not keeping pace, it really ...