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I bought my first flip home. The home was built in 1920's. I am currently in the initial stages of cleaning the property and getting quotes on the work that is needed. Plan on putting in new HVAC, flooring, windows...
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Hi Guys! I recently had a seller (another investor) agree to a 45k purchase price (cash) on a house with ARV of 60k. The house had a full gut rehab 4 years ago when this investor bought it. The current tenant is “all ...
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As we already know when you buy and sell property in Philadelphia, there is a transfer tax you have to pay that comes out to about 4.2% of the purchase price of the property. https://beta.phila.gov/services/payments-a...
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We do a little landlording renting out SFH's. We try to run this like a business. The tenants are our customers and we provide services in the form of clean decent housing. Usually it goes well.
Over the years we ha...
Ok so I am closing on my first property by next week and have alot of questions regarding the tenant who is living upstairs. They have been there for 7 years and pay 625 (rent is 725 but does "maintence" on the proper...
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This is my first time through the screening process, and I had everything dialed in to screen multiple applicants and choose the best based on a set of criteria. However, I've now shown it a few times and there was o...
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I am really hoping that the professional real estate experts (or even just really smart people) in this forum can help me!!
I have been trying to purchase a short sale property in Colorado for almost 10 months now and...
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Hi,
I rent a house I inherited from my mother not located where I live. I have a property management company manage it. We just replaced all flooring and did landscaping. Within 2 weeks of being available PM...
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Section 8 sounds like a good way to go for rental properties, since the rent checks come from the government. So how do you set up a unit for Section 8? Do you have to register it or have it inspected? Are there any d...
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[Copied from my post in "General Real Estate Investing"]FUNDING UPDATE:
Hi everyone, thanks for keeping up with me and my undying drive to acquire this property (off-market value-add duplex in my market).
I spoke wi...