While I realize that rules of thumb like the 1% rule cannot replace proper due diligence and thorough analysis, they can help focus time/energy. Does anybody have any helpful rules of thumb that can be applied to a sh...
I'm a reluctant real estate investor (I bought a rental property next to my house not because I want to be a landlord, but the previous owner agreed to sell for a low, low price, and I wanted to control the house next...
So I have a tenant moving out at the end of the month and is not open to allowing me to show the house to pre-screened potential tenants in a supervised fashion with a totally flexible schedule. I explained to her th...
Fellow NEPA Investors, I currently have a 3 - unit multi family in Dunmore, PA. I have owned it since June 2018 and all of my leases are ending March 31st of this year. My leases / tenants were inherited...some inf...
I watch a lot of RE shows about flipping and solely renovating. I know that there is more behind the scenes then what is shown on TV but on these shows, they seem to be able to do a renovation for between 30-40K. Incl...
Hi all,
Forgive me but this is a rant. I'm a newbie RE Investor; I just closed on my first rental property (2 bed, 1 bath SFH) on 9/26. I was very fortunate to get a renter lined up before closing, and she moved in...
Hey guys,I'm gearing up for my first wholesale and I've been trying to understand the home inspection/closing process. A few questions:1. Would the buyer order the home inspection to ensure that there are no major str...
First potential deal and im looking for advice from the community5plex in Kansas City area, under 100k, good neigborhoodto get around the commercial loan only for 4 unit and up houses this would be a cash offer from a...
Hi everyone, was wondering what would you do in this situation renting to a tenant in one of your units. Rent is $755 & she has never paid rent late. (4 months of payments)
This is the text message:
Hey Jimmy,...
My wife and I are in the process of purchasing a multifamily (2-flat) property on the north side of Chicago (with intent to owner occupied/house-hack) . During our second viewing of the property the realtor “gained ac...