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My tenant of 5 years is vacating next week, so I'm planning on renovating the 2nd unit in my 2-flat with plans to sell by the end of summer. The vast majority of my experience is in C class rentals, where durability a...
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What would you guys consider fair for an "employee" who handles all the hiring/inspections on a rehab, never uses a brush or lifts a hammer. Lets assume this guy handles 4-5 at a time and takes longer than an owner...
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What is your favorite type of property to own? Commercial? Condos? MultiFamily Homes? Single Family? Raw Land? What are the pros and cons to your favorite type of property? There are no wrong answers.
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I was told yesterday by a Phoenix realtor that the "valley" is down to a TWO months inventory of unsold homes. Is this accurate? Normally a 6 month inventory is thought of as normal or healthy. If this is true, prices...
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Hello all!If you manage and maintain your own properties, what spare parts do you stock?What I have in mind are things that might make the house "unlivable", or parts that can be used to at least make the house safe o...
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Looking for 100k properties, that are not crime infested or run down. Any, state and city suggestions? This is strictly for rental income. Thanks.
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Hi, I just turned over one of my units and the tenant called to tell me one of the bedrooms smelled mildewy. The room has a high traffic carpet that is going on 10 years or a couple more at this point. It's in overal...
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Just listened to the recent BP podcast about out of state investing (prices are too high in my area for good cash flow). David Greene talked about finding a real estate agent, contractor, property manager etc in a t...
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Got a chance to look at a property in a very hot area just outside of Detroit.
It needs a ton of work. Also has some mold and asbestos issues. So I need to get that price before I can continue.
But I ...
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In the latest podcast @j Scott mentioned he had lunch with another investor who uses virtual assistance extensively. I'm curious if anyone else uses virtual assistance and if so how?