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I'm just curious as to how other people define 'overleveraged'? How much leverage is too much? I would be afraid to have a balloon loan or a one year arm. I would be afraid to use hard money. But I do have a 20 year a...
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I own and manage a duplex built in 1900, old house, tons of holes. The upper unit (floors 2 & 3) is occupied by tenants with a 12-month lease and the lower unit is short term rentals (Airbnb). The upper unit has m...
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Hello all! I have been back and forth on the idea of setting up an LLC for 2 rental properties (each 3 units) I currently own. I live in one of the units with my family. I've been doing some research on pros and cons ...
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My tenant in Kansas City, MO had to wait 2 weeks to have ac blower motor replaced. I went through my home warranty company (2-10) and their vendor didn't send diagnosis to them in timely fashion and home warranty com...
Residential real estate investing has the potential to be very profitable. But how much do you need to invest in real estate and generate steady passive income?
Unfortunately, the perceived excessive costs involved ...
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Occasionally we have applicants with service pets with a not from a physician. Wanted to hear what other management companies or landlords are doing. Thanks!
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@Gail White wrote in an earlier post:I have made an offer on a house where there has been a very heavy smoker living for a number of years. The originally white popcorn ceiling is now yellow over the entire surface. T...
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Good Morning,I have reached out to a wonderful investors real estate agent and have read the book " The Millionaire Real Estate Investor " which has given me a good introduction including Mindset, Charts, an Understa...
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One of our tenants wants out of their lease in a couple months and they've stated their buying a new home. Crazy because they just signed a year lease the start of July. We're not totally opposed to letting them out a...
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I wanted to reach out to everyone in this forum for some advice. A little background on me is that I am a self taught software programmer and have been doing it for over 4 years. However, over the past year I've reali...