Monday was a rain day for my tenants. They couldn't work. Guy #1 called me and asked if there was any work he could do. I gave him a chainsaw and told him to clear out all the overgrown trees around a STR. Found o...
We've been going back and forth on this one. This cottage when done will sell in the $135-$145,000 range. This will be a good price for a house this size in this area. So not a high dollar flip. It was built in 19...
Hi BPer's !My great tenant left at the end of August. I have advertised our 1bd/1ba 850sq ft condo (Alexandria VA, a few long blocks from a Metro, minutes from major highways) all through August using Postlet, AHRN (...
I've been working with a contractor on my first couple projects - I got very lucky and happened to find someone who's skilled at the rehab game. I've got a second concurrent project just about ready to go, though, so...
People lose it all. Huge lottery winnings or the sale of a high tech company. If you had 10,000,000 (or a 100,000,000 for that matter) and could earn 350k a year with 30 yr treasuries, or own all of a neighborhood, a ...
Hi guys,
Over the past year I've successfully flipped 2 REO properties I picked up off MLS. I'm an agent and got them both relatively easily. I placed an aggresive offer on the first, and on the second I had the REO ...
I see this metric of gross income should be 3x or 4x rent and cannot see how this can possibly be useful other than a preliminary "should I even bother looking at this app".
I think a more useful metric would...
So obviously the "hood" is not the ideal place to invest in rental properties but how bad is it really? Can someone brake it down for me? What are the Pros and Cons and do the Cons out way the Pros or does it depend?...
I am in the process of renovating a rental property and I need to replace eight windows upstairs and one window in the basement.I have contacted four contractors to come on Monday and Tuesday to provide a price for in...
I'll start from the beginning, because there are lots of little details I need to explain in order for you guys to fully understand the situation. (All names are substituted by fake ones for privacy reasons.)In April ...