Hey all. Seeking some advice on how to handle a new tenant asking for a discount on rent. The story is we purchased a property and did a minor rehab (flooring, paint, new kitchen appliances, new bathroom vanities, e...
Without outside investors (rare) how does one overcome debt to income ratios without paying in full for a properties? I have set a goal is to acquire 5 single family properties within the next 10 years. I have my firs...
I live in Orlando. My real estate focus is on short term rental vacation homes – especially the approximate 26K short term rental vacation homes that are within a 30 minute drive to Disney World. In my dealings I...
I received a text message this morning from my tenant saying that over the weekend he replaced the kitchen faucet. On one side it is nice he is taking care, BUT I am worried about falling into a game of repairs and m...
Hey everyone, just upgraded to PRO today!! Can someone give me a quick eyeball test on this?Last month, I found a 5-unit, but everyone talked me out of going commercial on my first deal. So, I found this triplex on Cr...
Hi folks,I'm thinking of making an offer on an REO in Massachusetts (Middlesex County). This house has been on the market for a while, with a couple price drops. It's a 2 bedroom, 1 bathroom, 1000 square foot house,...
In late May of 2014 I bought a short sale and renovated the home and yard. It soon became summer and with my kids out of school (a 4 and a 7-year old), we spent a lot of time as a family at the home. I did quite a bit...
I have a tenant in LA who has been there only about 7 years (although it looks like they've lived there for 20). I do what I can. I keep the rent $400 below market, too. The house is 60 years old. On top of that, the ...
I am looking to purchase my first rental property (fourplex with four 1 bed/1 bath units) using an FHA loan and house hacking. At first, I thought it was a great deal, but the more closely I look at the numbers, I a...
I have decided to sell my portfolio of 4 SFR in NE Philadelphia. I am looking for some advice on the optimal way to sell these properties. Would I expect to get the highest price selling all 4 as a package or one at a...