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So, I have very recently discovered that I have made the grave error in not accounting for repairs and capital expenditures for my rental units. I have owned investment properties for going on 5 years, currently own ...
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What is everyone's opinion on getting HW for Rental properties? I know the obvious pro's to it, but what are the cons? Thanks in advance for the insight!
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Hello BP,I recently had a lease come to an end on 12/31/19. The lease states that a 30 day written notice of termination must be provided or the lease goes month to month. I received a call from the tenant on 12/12/...
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I’m trying to get started investing in rentals in the Oklahoma City area. My question is about realistic reserves when figuring deals. I’ve been using the numbers discussed in a bigger pockets webinar that I attended....
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I have a new tenant complaining about steps at a property. From my property manager:"A few weeks back she sent photos and measurements of the front and back steps to the house. She’s correct in that they need to ra...
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Hello!
I have a convenience store for sale. I run an Air BnB out of my primary residence renting out 4/5 rooms. Therefore my primary residence is being used for a commercial venture. Would it be possible to use a 1031...
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I am preapproved but the condo I am buying HOA docs won’t meet Fannie may requirements. Looking for alternate lender. Good credit/down payment and a cash flow positive property in MN
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I purchased a small house last fall. I could see myself living there for a few more years, but things could change and I could also need a bigger space. Either way, I would keep the property as a rental. I am also wor...
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My tenant says that her glass shower door shattered out of no where when no one was in the bathroom (this is the second time in one year). I do not know how glass breaks with no point of contact but that is beside the...
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Hello all,
New to real estate investing and after running the numbers on dozens and dozens of properties, I’ve taken the step to get pre-approved for a conventional @ 20% (150k or less for property value) and am tryi...