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This is my first rental property and trying to learn the ropes. I would appreciate any feedback.The property is rented for 1200 a month. Husband, wife and 3 kids. They are getting divorced and husband has moved out. ...
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I have a property that I have an acquisition and rehab loan that I am looking to finance out of and remove the lender. My initial ARV was in the $70k-$80k range which is acceptable to my previous lenders, and a 3rd pa...
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The bottom unit of my duplex is a 2BR and both bedrooms are on one circuit breaker. Most of the other breakers are a 20V but this one is a 15V. The tenant says that it keeps flipping and all he has plugged in is a mod...
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I know the building is old but it has a nice CoC.I am asking my realtor to get the maintenance/repair records to see what has been done in the past.This will be an OOS investment and my first investment. My realtor wa...
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Hey everyone, I haven't posted about it but I closed on my first duplex in February & now I am so happy I can finally call myself a rental property investor.But sure enough Into my first month I learned this one t...
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Hi,I purchased a house recently and my property manager did make-ready repairs in it. Nothing serious (not a fully-fledged rehab). There are a couple of issues with it, though, and I want to understand how you would r...
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I am thinking of purchasing a SFR in Oklahoma for $40,000. The property is owned by my mother and she is willing to owner finance to me with nothing down. The payment would be $425 and another $75 for taxes and insu...
The last month we have been running across a large number of foriegn investors at Sheriff sales, Homepath and Hubzu property visits. (more than "normal"). We just used to see them alot at bulk sales but now more in...
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I'm a newbie to the idea of rental properties.
I've chosen an MSA where my 22 year old daughter lives as where I'd like to start buying rental properties. The vacancy rate is low and rents are moving up but there is...
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This *may* be off-topic here, it certainly isn't what people ask about on this forum!! Feel free to move it if there is a more-appropriate group for it.I'm in California, and I've been renting dad's house out to this...