We found a 2 family property asking 115K. We will offer 85K and keep out fingers crossed he accepts. We have spoken to a contractor, for rehab. His estimate is 70K, that includes turning it into a 3 family and add...
I rented out one of my properties a couple months ago. I vaguely remember that I thought there was central air in this one because I had glanced at the thermostat and it had a "cool" option (yeah, they all start to bl...
Hey guys,As a new STR host, I'm so worried about forgetting something vital to a person's stay! What's the most forgotten thing that new hosts tend to look past that makes a large difference in a persons stay?thank you!
The Section 8 tenant who has lived in my rental for two years has given notice, and in addition to the usual maintenance to make the single-family rowhouse ready for next tenant I'd like to make a couple of important ...
Hello,The weather outside my rental unit is 61F and my tenant has already started running his centralized AC perhaps he thinks we have already hit the summer. Is this normal? I am bit worried there may be adverse effe...
Working on a house flip, but have a bit of a concern. A wholesaler sold me the house-half of a double lot. Typical strategy, they hold and sell the empty lot separately, I didn't have a problem with it, as I got a g...
Recently I am looking into Texas SFH market. It was as hot as bay area several years ago, no, actually even hotter. A new listing came up during Xmas day, and today there are more than dozens waiting in line for open...
Wanted to see what other landlords thought about this situation.
We are buying a distressed 3 family that has 3 apartments: 1 bedroom in the basement, and 2- 2 bedroom units.
The basement apartment has ...
Hey everyone,I wanted to hear everyone's opinion on buying rentals on well water. Pros and cons?I am in the Chicago land area so hopefully, I can get some input from local investors.
I bought a short sale rental house in New York a little over a month ago that had to be renovated. The gas heat was turned off last April by ConEd, the local utility company, because the previous owner had not paid t...