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Hey all! So I am analyzing multiple possible deals for my first buy-and-hold purchase. It is exciting but nerveracking. The main piece that is causing me to stop and question is ROI vs. Cash Flow. Example:So I have...
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Hey Happy Holidays BP! Looking to close on a small multi next week. Anyway, I met the current property manager at the house the other day and he leaked some info regarding the tenant downstairs being behind on rent....
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Hi everyone. I just found out that an inherited tenant that has been late on rent has been thrown in jail yesterday for home invasion. Apparently he had his brother go to the apartment and take everything that was his...
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I have evicted a tenant in florida and never collected a dime from him for 75 days. I wanteda cashier's check after first month and security deposit bounced. What can I do after eviction to collect the rent? He is w...
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Hello, my husband and I closed on our first rental property in Woodbury, New Jersey. We unfortunately inherited the tenants, but the property was a good deal, so we went for it. It is a duplex, both tenants pay $700 ...
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One San Diego woman has found herself in hot water with the city after renting out her home without acquiring a proper permit. Rachel Smith, who lists her home in San Diego's Burlingame neighborhood on home-sharing w...
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Curious if anyone has ever had any experiences related to a tenant who wanted to be a foster parent?I learned recently that my tenant had invited a Foster child into the unit without my prior screening or consent. Alt...
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Greetings everyone,My boss and I have a small business that we're trying to get off the ground and we're looking into outsourcing some or all of our accounting/bookkeeping duties. We've heard offhand both on this web...
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Hello Everyone,
My name is Steven Rhodes and I was born and raised in Chicago, IL; which is where I currently reside. I am a newbie in real estate investing although my interest in REI began in the early 1990's, when...
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Investment Info:
Single-family residence wholesale investment.
Purchase price: $27,000
Sale price: $52,000
The house garage had burned. The rest of the house was intact, but had immense smoke damage...