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Just wanted to drop in and share a bit of wisdom from my journey in the real estate world.
In this industry, we all face those moments when we second-guess decisions or stumble upon unexpected challenges. But here's ...
I have a house that the ARV is 49,000. It needs 25,5000 in repairs. That's not including any new kitchen appliance's. This house needs a ton. After the holding/hedge/acqui...
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Need a sanity check. I have an opportunity to buy a 4BR rental well below market value. House was built in 1990 and is in good shape. I can pay cash and refinance after I close to pull every penny of my investment ...
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I have a tenant who has damaged the garage door and has been served 10 day notice. He has not fixed it yet despite informed by Property manager. He has instead accused the PM of damaging the door, without any reason....
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My issue is with my landlord not making repairs on anything. This landlord took over the property in January. The furnace was not working and the roof was leaking. We informed him of this and he said No Prob. just ...
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Hey everyone just had a quick question I’m looking at a property and the agent says the inspection has already been done and is going to send me a copy of it. Basically my question is should I go off that inspection o...
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Hey everybody, thanks in advance.Here is the short story. Home is under contract for $125,000. During the inspections, it was reveal there is a unsatisfactory septic system. It was poorly taken care of and is totally ...
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Hi everyone,
I have been lurking in the forums for a while now and enjoying all of the great questions and answers and information that you all provide. This is my first time posting though.
I am looking at doing ou...
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Hey BP,
So I know we were taught to make sure we account for cap ex, repairs, and vacancy at a monthly rate when analyzing deals.
My question is, why don’t we just make sure we keep a healthy cash reserve to be ah...
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Hi everyone, I just purchased a duplex recently and my mother is renting out the other half. I'm wondering about tax deductions and how I would go about writing off utilities, internet, property taxes and so on and so...