Our tenants who moved in in July, notified us in early November that they are moving because they bought a house. Shortly (very shortly) they moved out leaving the house in complete disarray. Per our lease, they are t...
I'm reading the book called Flip and in the book they have a model where it goes like thisARV-Repair Cost-Quiet Cost-Minimum profit__________________________(How much you should offer)My question is does anyone else u...
Please evaluate and lend opinionsForeclosure REO Bank asking for $135k2 Unit 4br/2b 1,687sq ftComps are low 150s high 180sSo plugins in the numbers Prop price $135kLooking to putting in $10k (using a hard money lender...
Hi all, I have an out-of-state rental in Oklahoma. It's net income is a loss due to high turnover costs, management fees, etc. If my net income (rents- expenses and mortgage) is below $0 do I still have to file in O...
I'm looking for the most effective strategy on determine renter costs owed upon move out :On top of that I would like advice on my current move out situation :Renter put his 30 day notice in Sep 1st so we started show...
New real estate investor here. I inherited the home I had been living in from my mother which needs some repairs in order to be rental ready- no mortgage on it. I purchased a duplex in May of this year and moved into ...
What is your opinion on performing repairs while the tenants aren't home? My tenants are fine with me being in the house when they are not home but I hesitate sometimes. I wouldn't want something to happen, that I d...
I have a one year contract with this property management company. They have been charging me for stuff which I have not asked them to do. I have clearly communicated to them multiple times not to do anything in my pro...
Hi,I’m new to real estate investing. I found a duplex I’m interested in and I want to make an offer. It needs a new roof and one of the units had some water damage so I’d need to redo the cabinets and floor. I figured...
Quick question: Do you all use a MH Scope of Work template that you apply to each property that you repair/rehab (if necessary)? Or do you develop a separate scope of work (or running list of repairs) that you prepa...