Jonathan Vince
"Sorry, tenant, but I'm turning your garage into an ADU . . ."
I wouldn't say it exactly like that, but that's the gist. So, if you were in my shoes, how would YOU go about orchestrating things? (details below):*2bd/1ba home in Bakersfield, CA. Detached garage in back. Backyard i...
Swetha Mandava
Experience owning + managing a multi family unit
hi all, I'm a newbie investor based out of state. I recently lived in philly for a couple of months and loved my time there and hence decided to invest in the real estate there. This is my first real estate purchase s...
Melissa M.
Short Sale or coming up short?
I have been reading through some articles on this site. I'm currently looking for my first house to flip. I am just starting out and have a very low budget to make an offer. There is a house that I was interested i...
Sofia Sharkey
COSTS TO CONSIDER WHEN ESTIMATING SHORT TERM RENTAL PROPERTIES
Hi all, I see many people asking in these forums what costs to keep in mind when estimating a property that will be turned into a STR. I compiled the list below with the most relevant items in my experience. What cost...
Orlando Paz
Removing ugly wall paneling vs. painting over
While looking at the fixer upper homes that are in the market, often times I see rooms that are wall to wall 1970’s style paneling. I was wondering how some of the rehabbers out there, are handling this common type of...
Jerry Westhoff
Grand Rapids Tenant Advice
I finally closed on my first duplex in Grand Rapids, MI. The property currently has tenants upstairs. The lease that I inherited does not list anything about access to the basement. The tenants do have access to th...
Steve L.
2nd won't allow Seller to get relocation funds that 1st approved
I have a California short-sale approved. The Sellers owes $550k on the 1st. $150k on the 2nd.The first approved an offer around market value (around $300,000) and $5,000 in relocation funds and $4,000 to the 2nd.The...
Todd R.
Improving credit score for purchasing properties
Is there anyone on here that is a credit specialist?? I have always heard the having credit cards open for long periods of time shows you have good length of credit. So, I dont want to pay off all credit cards becaus...
David Albertson
Your thoughts please
I found an REO that's been on the market 255 days. The original price was $75,500. They currently have it listed for $46,500. The county has it appraised at $79,100. It mainly needs cleaned, painted, bushes trimmed, e...
Brian H.
Question about "extras" on rental properties.
Hey all,I am new to this landlording bit. Something I have wondered is how you determine how much more to charge in rent for extras on rental properties. For example, I am up in the mountains of NC. It isn't SUPER ...