Mark Derby
When does the 2% trump all and when to let it slide
I'm in Massachusetts where things aren't cheap. I can't imagine ever getting close to the 2% rule on an acquisition. Maybe I've got it wrong:
Total monthly income from the property / 2% = purchase price. ??
...
Rex Li
Is this an underground yard drain?
They appear like they should be catching water from the gutter. Do these drain to city sewers? Should they be connected directly to the gutter?
Jessica Hicks
Investing in new townhome/SFH in development
Hello,
I’m a new investor from Seattle and am in Tampa this week looking to purchase a first investment property.
Has anyone had any experiences they can share about buying a new home in a development around Rivervie...
Claudia Acanda
Termites home help please
Hi quick question, went under contract for a property. They did inspection but they could not get into the attic due to the ac unit blocking it thus they couldn’t check there or check for termites… he recommended to d...
Adolfo Cuellar
Cutting Corners = Black Hole
Why hire professional landscapers when you can just do it yourself?We were two weekends deep into raking, macheteing and whacking the seller's HUGE backyard. With only about a week left till the house was set to hit t...
Matthew Shea
Single Family: Buy, Rehab, Hold, LTR
Investment Info:
SFR Buy & Hold Investment in Clearwater, FL.
Purchase price: $430,000
Cash invested: $85,000
I bought the property partially renovated on the interior, then proceeded to do upd...
Aaron Brown
Property Manager in Indianapolis
I was looking to add to my portfolio with an out of state property and I settled on Indianapolis as my target market. If anyone knows of a well reviewed and experienced property manager/real estate agent that they can...
George P.
Tenant calls about a leak in basement. .
People in Michigan hate renting houses without basements. But then at one point or another they all leak. They all have a hairline cracks and you get that call.
What do you do? Do u spend thousands to waterp...
Jim Cran
Flip #5 - Bay Village, OH
I thought it would be fun to post progress as my wife and I flip house #5 from start to finish. I'm NOT posting this in "Success Stories" since the proof is in the pudding as they say and I don't want to assume succes...
Matt Rutter
DIY Basement Upgrades
I'm looking for some helpful DIY basement upgrade ideas!We recently purchased a 4-unit rental property in Cleveland and the basement serves as the communal laundry room. Completely unfinished with exposed foundation,...