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My property manager contacted me to let me know a tenant in one of my duplexes has been given a dog. They asked me if I would consider collecting a 200.00 pet deposit and 25.00 a month for pet rent or if I wanted to e...
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Hi BP.Tomorrow I was supposed to close on a property, which we are now not going to. During the title search, we discovered a sizable second lien that they didn't disclose. When we mentioned the fact, they acted surpr...
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First some stats:
I have 6 going on 7 doors in the DFW areaI live out of stateRents range from 1400-1950 Per Month I pay 8% Per Month60% of first month's rent on new leases$395.00 flat rate for renewalsGetting to th...
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Hi guys,
I was just speaking to my brother via skype a few minutes ago.
He's in Australia.
I tell him Im planning on doing a road trip to Cleveland to check out some properties.
I explain to him that there are pro...
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I am teaming up with a realtor friend and a contractor friend. I will be acting as the private lender for the entire purchase/remodel, the realtor will be our deal finder/seller and be paid commission, and our contrac...
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Hi All,
I've been lurking here for a while. Finally a post: My company has been bought out and I am facing a lay-off from a narrow field with no competitor to move to in my area. I'd like to stick it out in West Mich...
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This forum is not to be used for politics. However this proposed plan is squarely about landlords and renters. So without saying anything about the candidate I thought we could discuss the plan and some of the mor...
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There is a lack of new housing nationally… and this will not be fixed by our government or anyone else anytime soon. FYI: the median cost of a house in the U.S. is currently $263,000http://www.politico.com/agenda/stor...
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I am about to start a direct mail marketing campaign to possible motivated sellers with a budget of around 2k. Should I lean more towards prefer closures with equity or vacant? Or how would you disperse those funds in...
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If you didn't catch the "Seeing Greene" episode recently, an excellent question was presented that I thought would be worth discussing. Every area you invest in has risks of natural disasters of all kinds, but these d...