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I just drafted a document I plan to post at my single family rentals (probably in a kitchen cabinet) that has contact info and some safety messages. Part of it is liability mitigation driven. To better help you unde...
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Is there a rule of thumb for an old place built in 1900. Right now I am using 8% for Repairs and 8% for Cap Ex. What do you guys think? The place is in good shape considering the age. But I am nervous about the ag...
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Hi, any investors making deals happen in Port Saint Lucie/Treasure Coast area? If so what is your strategy (BuyN'Hold, Flips) and how's its going? And has anyone have experience with buying a Chinese drywall home?
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Hello All,I currently own 4 properties (2 in CA and 2 in AZ). I just bought one of the AZ ones 3 months ago, so refi cash out is out for now. My primary in Ca is worth $575k now and the loan balance is around $317k pa...
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I'm saving up to house hack and live in the suburbs of Detroit with my mom. With prices going up all around, I recently spread my house hunting reach to include Detroit. Then, just last night, my dad pointed out that ...
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Hi,Looking for some advice. I currently have a tenant in a duplex that I acquired about a year ago. Nice older lady (72) on fixed income. I am her 3rd landlord in 15 years. When I bought the place she was on a month t...
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Hey BP members. I am having a great deal of issues getting renters to sign an application to see if they qualify before showing the property. It seems like renters want to see the property before they file an applicat...
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Hi everyone, I am Chandru from Longmont. I am looking to increase my cash flow to support my family and wanted to learn more about real estate investing. I have been reading personal finance books for several years no...
Do these loans cover 'all' types of renovations OR just 'some' renovations. Example: Let's say I want to convert a 2bdrm into a 4bdrm by turning a porch and a dining room into legal bedrooms (they would meet legal...
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Hi all!I'm Gloria and am incredibly new to real estate. I'm currently a full time professional student, and am looking to use real estate as a means of paying off my student loans and attaining financial freedom.Curre...