Economic Update(Monday, January 4, 2021)Welcome 2021! We’re so happy you’re finally here. For all of us, there is now light at the end of this tunnel. If someone would have told you what was in store of ...
I just bought a house in my name that I intend to rent out. I paid $46K for it and closed on 14 Nov. It needs around $35K in repairs, and those repairs are ongoing now and should be finished by 25 Dec. I would like to...
You don’t have to read all below to weigh in as it is kind of a ramble, my core question is: what to use for decks in rentals comparing wood (redwood for example) and Trex or similar plastic decking. Trex is a recycl...
Hey all,First time poster here! Just started to get my feet wet in the real estate space and I'm reading as much as I can to learn as quickly as I can. I'm interested in being a passive investor (I'm a young doctor wh...
If you look over the Best Real Estate Books blog post by @Brandon Turner you will see Rich Dad, Poor Dad as one of the best business books for real estate entrepreneurs. I will admit, I found it to be one of the best ...
My tenant called me a month ago to complain that he has burned up three TVs and he thought the electrical in the house was faulty. I tested the outlet and it was around 119 to 120. I put in a new outlet and told him...
Intro…Keeping with the spirit of @J Scott 's “Diary of a New Construction Project” where we jumped into a HUGE project that we never really had done before, “Tear a house down and build a new one back”. This adventu...
Hi all,
Hope this is the right forum.
Renting a small 3br 1bath house built in 1950's with floor furnace ( not working anymore )
Was hoping to get some tips on low cost upgrades.
I would like to upgrade certain ite...
I ran across this article this morning on Business Insider. It is painted with broad strokes, but it still has some data that could be troubling or encouraging depending on which side of the fence you sit. I just wa...
About four years ago I got a 4-unit property with a FHA 203K loan, I was 26. The goal was to fix it up, live in it and rent the other 3 units out to cover the entire mortgage and have a a slight profit. I was gettin...