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I am just now starting out as a real estate investor. I am looking to buy my first property. I am a Physician Assistant and make decent money (over 100k yearly) but in my area everything is still super expensive, very...
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I am attempting to buy a house from an owner who is in Bankruptcy. It is a rental property and it is in disrepair, the tenants have not paid for over a year and the owners are $14k in arrears. I talked to the seller...
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I must admit that I struggle with bookkeeping . I always say that I'll do better on the next project or next year. This drives my husband nuts. One of my 2015 goals is to improve in this area. My strategy is to tackle...
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At the end of a one year lease, does it make sense to offer them a lower increase if they choose to stay on month to month, and higher increase if they sign a new one year lease (since they would be "locking in" the p...
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So I just ran the numbers on a potential rehab property. Purchase = $310,000. Rehab = $80,000. ARV = $499,000.My profits before realtors commissions = $71,585. After deducting $29,940 of commissions, profits = $41,645...
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Hello all. I am curious to know from the long time, experienced landlords, how do you approach a situation with numerous applicants or potential applicants? I am new and still learning, and especially learning a lot f...
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Hi everyone-
We haven’t been able to get renters for our 3 bedroom, 2 bath property in Barryville, NY
Now that we are entering into November we are worried that it will be vacant for the winter.
Property manager ha...
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Do not work with evernest as they are a national company and are slow to accomplish anything. Their online reviews on google seem great and everything is 5 stars but I promise you the team is terrible. If you would li...
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Hi,
I was wondering (this is a question for those who have already established their real estate business):
How far out of state would you go?
Of course, knowing that the profit and everything (hotel, rental car, etc...
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Have you ever had a tenant that just won't leave? I'm already down 3 months rent, the tenant has been officially ordered evicted, and they won't leave without the sheriff going down there with my PM and physically rem...