My name is Ricardo Avila but my friends call my Ricky. I am and aircraft mechanic and love what I do but I also really enjoy real estate. I am in the process of purchasing my second house and my goal is to buy at le...
I am the buyer under contract of this house (built in 1991), during inspection we find that in the crawlspace there was evidence of past water flooding up to 1/2 foot deep. There is already a trench and sump-pump inst...
Hi BP,I need to replace 3 water heaters in my building and considering wether I should rent or buy new ones. On one side, I could buy and instal new ones ; in terms of cost it's gonna be a 1 time expense and if anythi...
I know, this topic probably comes up once a week. As usual, newer investors try to exhaust all their options for what to do. Send a notice, eviction, "cash for keys", etc. And more experienced investors likely have a ...
Greetings to each and all :)I'm just starting out, so naturally I have tons of questions.What approaches have you found to be effective in networking and connecting with investors ? I've been studying my local mark...
Last year on July 31st I made the biggest mistake throughout my time as a landlord. I should've saw the red flags when the "couple " and daughter were fifteen minutes last to their appointment and the cosigner is a ...
I am visiting family in Texas and decided to make a side trip to Memphis for couple of days to check out the market here. This will be my first rental and I want to play it fairly safe. Do any of you have thoughts abo...
We just hosted a wonderful tenant from Furnished Finder. She submitted her credit/background check and all payments via Keycheck. I never met her as the key was exchanged via lockbox. But it did occur to me that a tot...
Is it beneficial to have an LLC before flipping and rehabbing homes? What are are some drawbacks you've encountered by not having an LLC established?
I was on site reading a topic about "Why use a Realtor" and an ex-realtor had a comment about how realtors are over paid and people shoud do the FSBO. I thought about it for a while. I just want to say tha...