Im sure many of us have read all the warnings and reviews of buying low price properties, and the problems typically associated with them, but all that considered, it is what first attracts a lot of people , indeed th...
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I recently closed on my 1st property in Cleveland and it has been a nightmare dealing with the property management company I hired. They haven't been able to rent it out claiming that I am asking for too much rent and...
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Hi Everyone!I am originally from Erie, PA. For those of you who are not familiar with the area, the winters are pretty harsh. Extremely cold weather and LOTS of snow. I am considering what to do for my first investmen...
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Thanks mostly to the information and motivation stemming from this forum, I have purchased a rental house in Central Florida and am under contract for two additional homes. I will look to be adding more homes in Flor...
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I'm almost 50 and just woke up to the power of REI. Kicking myself for not learning about this 30 years ago. But here I am, and I have a decent pile of cash ($120K) and a pretty good 401K. So I'm in a great positio...
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Hello,So I signed up for Pro yesterday and out of excitement I ran the calculator on about 50 multifamily homes to see if any would cash flow. It seems none of them would cash flow at the current price point because o...
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We are just about to complete our first spec home - a $650k single family ranch style home with 4 bedrooms and 3.5 baths. I always wanted to build new and despite my almost ten years of remodeling experience there wer...
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I am in the process of buying a 3 family home with tenants in each of the units. I have financed this through FHA, so it needs to be owner occupied. My plan when buying was to "figure out" each tenant as much as I cou...
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I purchase a new property in 2007 for $186,000 to be used as a rental property from day 1. The property was initial rented for $1300. Hindsight is 20/20 and not good investment, but I'm trying to figure best way to...
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Unbelievable. And to think I just submitted/paid my Q4 quarterly STR taxes to the city and this is what I get in return? What options do I have here in terms of compensation? Sure, things happen and I can live with...