Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...

Hello all savvy investors from Memphis, TN. It seems like your buy n hold market is a lot better than where I am currently living. A typical "good deal" that I just witnessed an investor make is purchasing a property ...

As a long time lurker, but first time poster, I have to tell you all that I am really impressed with the quality of the posts and all the awesome cooperation shown in this forum.In an older post Jim Johnson said "In o...

I will be renting out for the very first time this summer. I had a few questions on how to go about it:1. How to determine what's a fair rent to charge? I use listings in Zillow as a reference, but, they are inconsist...

I am taking over management of my property beginning July 13 - reading "The Book on Managing Rental Properties now. Current property management company has no response to my alarm upon seeing that new tenants have cho...

Turnkey  4 Unit Property I found: Occupied and makes $3900 a month confirmed currently.Principal and Interest: $1154Property Tax: $480Home Insurance: $125Vacancy- 7.5%: $312Repairs- 7.5%:  $312CapEx- 7.5%: $312Prop. M...

http://sfist.com/2017/03/06/david_chiu_rent_contro...Make sure to get out and vote.  Also contact your local reps because this is going down.Reach out to your local Apartment Associations, Your local brokers/ RE agent...

Good morning!I have identified an 8-plex that I am strongly considering purchasing.  This would be my first foray into multi-family of any kind and I want to be sure I'm not missing something.  So far the costs that I...

In our lease we are responsible for mowing the lawn.

We always do it and never had any problem (for almost 2 years) until...

We were on vacation in August and the landlord came and mowed the lawn while we were gone ...