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I'm currently starting my REI journey; I'm about three months since finding my interest for SFH rental properties. My goal is to have my first property by next fall. I am developing systems for my local market. I've b...
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I came across a great deal that’s bank owned and wants a cash deal. I have plenty of equity but not enough time to get it these days.(corona) My partner wants 20% after 6 months. I’ve never used private money before. ...
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if you find a house that ARV 225 k, that you can buy for 155 k and rehab for 25 K, and you have selling cost 15 K ( realtor commission and 3 month holding....) , let us say the total investment amount = 195 K
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The Podcast is awesome, I'm hooked. Thank you!! #Learning #investing
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I thought about an alternative title for this post such as "You're in over your head and don't even know it". This post is directed at newbies or "newer" landlords or "accidental" landlords. I classify myself in the...
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My current market appears that I am best suited to purchase a 4+ BR SFH and rent out the other rooms for my first deal. I'm curious if using this strategy how the numbers would differ from house hacking a multi unit ...
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We are in WA State and have an available apartment listed for $1250 and one of our minimum requirements is 2.5x monthly rent. She is on disability of $750/month. With these two amounts, however, she doesn't meet our...
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I just had a new tenant move into my 3rd floor and recently got a text from the 1st floor tenant complaing about them constantly being loud and slamming the door into the house (the first floor bedroom is right next t...
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Ignorant Newbie Question...
Just out of curiosity, has anyone included verbiage in their rules, or as a card in their welcome binder simply asking the guest to please not misuse or trash the place?
What about puttin...
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I want to put the house I'm living in up for rent. It needs repairs that I can't afford. Any suggestions on financing. Mortgage is underwater. I can do a lot of the work myself but I need materials.