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Due diligence revealing some (potentially) major issues
Hi everyone!I could really use some advice/insight as I am new to real estate investing and am currently dealing with some issues regarding the purchase of my second property.I'm currently under contract with a 3 fami...
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Needing a contractor to do all work if you're not homesteading?
Hello! 2nd time "flipper" here - my husband and I are casual flippers, in the sense that we do it as a side gig and don't aggressively work to get things done ASAP to save money. We are in Minnesota and recently bough...
Jack B.
Buy properties out of state during my 1031 exchange?
I’ve grown tired of Washington taxes, traffic, politics and weather. I’ve visited Fairbanks Alaska and Las Vegas Nevada over the last couple of years. I liked both. They both meet my criteria, with Vegas getting the ...
Jon L.
What to do with an original unit
I'm new to this site! I manage 15 units and all of them are mostly original. Rents are at market prices and we still increase $50-100 per door, per year. No one has moved out in 4 years and no one is planning on it.So...
Mattie Covatch
Roommate in houseshare wants to end lease early.
I own a house, and have a roommate.
The roommate was supposed to move in November 1, but still hasn't moved in.
The roommate already paid rent and deposit.
Roommate just told me they won't be moving in after all,...
Robert Hernandez
Am I nervous for no reason? Good deal? Help
I am looking to purchase my first home via FHA, its a quadplex that will cashflow $600 month after all expenses and 5% Capex, 5% repair, 10% Property management, and 5% vacancy.The home is in a C class neighborhood, n...
Andrew Kewley
Turnkey Property Management
If you purchase a turnkey and are not happy with the property management company in place, how difficult is it to change companies? When you purchase a turnkey, do you typically sign a contract that requires you to ke...
John Warren
Countertop Question
Tomorrow I am installing a used stove in one of the units of my new quad. This particular elderly tenant has been living without a working stove in the unit for quite some time. My issue is that the unit has an old bu...
Diana Tran
Advice On Negotiating Repairs With Seller
THIS WILL BE MY FIRST HOME PURCHASE. THE SELLER HAS A REPAIR COUNTEROFFER.I'm not sure how to proceed, any advice would be greatly appreciated.
About the house: It's in Tampa, a duplex. Unit A is about 100 years old ...
Brandy Anderson
Need a plumber in the Portland OR area
Help! We have a plumbing problem and we are getting some pretty big numbers from the companies we have reached out to. Can anyone let me know if this sounds legitimate or if we might be able to get some plumbing work...