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I have yet to purchase any rental property. I have made my money overseas from savings. I do like owning some stocks, but I now want to diversify into real estate. I have $500,000 in cash. I do not want to rush in...
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I have 1 property which rents for an above avg $1275/mo, SFH, tenant pays all utilities, yardcare, etc. We did a full reno 3+ years ago and have a mtg so cash flow is only about $450/mo. So far we have had 3 tenants...
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I got the results back from a tenant background check. She is 28. Credit is perfect, but she's got four criminal results. 2 are from 6 years ago (marijuana/traffic), 1 is four years ago for $1,000 of property destr...
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I am starting to invest in Class C neighborhoods for the first time. (Previously stayed in Class B and above)What are some recommendations for screening tenants and rent collection?(Bigger deposit? Background Checks?)...
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We've had our duplex since October 4th, and listed our list unit (2B/1BA) on November 7th at $1,000 and tenants split electricity and gas.We've had lots of interest, but the problem seems to be that folks aren't meeti...
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Background:
My grandmother who is unfortunately needing full-time living care owns a three-family property and because she has the care now the state could take the property. My grandmother would want the asset to s...
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In the screening process of prospective tenants and iv come across a family who has low credit scores but make above 3xs rental income. Previous landlords have all come back and said they have never missed any payment...
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hello everyone I am looking to buy my frist rental property inDetroit and was wondering if there were any one else that plan or own rentals in Detroit that could give me some advice thanks
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I had a tenant who asked me to set up an online payment service for her or her father to make rent payments to. Her father is from California.I set it up through my QuickBooks software using the Intuit Payment Networ...
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Hi all. I'm a 23 year old looking to get into real estate & I come on here because I just don't know where to start. Some background on me - I went to college with a degree I thought I was gonna use, thought I wan...