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Under contract for a 3-unit mfr in Cleveland. My first purchase. Purchase price is 177K.Appraisal is 138K.I cannot make up the difference with cash since I'm already at the top end of my purchasing ability.Is ordering...
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If one were to invest out of state, what would be the proper way to oversee improvements and management. In other words what should your infrastructure look like and how can you protect against property managers, con...
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I am renting my house for the first time and held an open house today. I received a very positive response with 7 applicants which is slightly overwhelming to say the least. I have it narrowed down to three but am in...
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Hi all, I had some tenants move in last month to a 3/2 SFR (I just closed on the property a month prior) and I really like them a lot. Good people. Anyways, the first day in, we realized the hot water heater needed re...
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Buckle up. This is a long post addressing many myths around the current obsession with the "STR loophole." And the first of such myths is that it is a loophole. No, it is not. Loopholes are something UNintended. In co...
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Hey all,
So we are facing a big decision on whether to move into a rental or not. It's in an area we have been wanting to move, there are currently no other rentals that fit our criteria, now is a good time to move...
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Good morning,Up front: Current tenant may potential be seeking legal action on grounds that I am not making reasonable efforts to rent the property. Details:House is located in Mount Pleasant, South Carolina (SC). ...
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I recently (late Sept. 2018) purchased a duplex in FL. The property was fairly run down, i.e. overgrown yard, the occupied unit has window coverings consisting of aluminum foil and/or bed sheets/blankets, additionally...
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I am doing a kitchen rehab, and plan on using a Luxury Vinyl Plank. This one!Should I run this under the cabinets, or put it in after the cabinets are installed? I tend to think that this should NOT go under the cabin...
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I was in a multi offer situation on my most recent property. My realtor called with a suggestion that may move me ahead of the others — waive the inspection contingency.Spoiler alert: I did and have it under contrac...