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I am working towards 20 rentals!!!this one was on the MLS and had multiple offers. asking was 65k and close in 1 week. i offered 57k cash, they came with H&B. i really dont remember what i told the agent, but he c...
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Hello Everyone!! Hey I need some tips on what to do or where to find info. IRS.gov wasn't that helpful. I purchased a gutted SFR in 2013. Didn't start rehab til 2014. Just now gonna file taxes for both years. Can anyo...
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I have a successful real estate company that I basically work part time and make full time income. I am looking for another business to start for diversification. I am open to about anything, as long as it is not a ...
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I just heard from my neighbors that the tenant has no electricity and is having some issues with power company so he is living without electricity and is also planning to move out. Additionally there is an awful smell...
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Hi, Do you guys see a difference in your first year revenue compared to later years? I bought a four family last year. It was a short sale. With 2 none players an a lot of deferred maintenance , I didn't do as well...
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Objective: buy a single family condo, least down payment, reasonable return on cash investment, hold for at 5 least years. Is this a good investment: 2 bedroom, 1 bath, ground floor, good condition (all the appliances...
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Hi guys, first time post here. I have a first floor condo rental. Yesterday night, 2nd flr unit water heater was broken and dumped all the water to my unit. So I got wet carpet, water heater closet all wet, and wet li...
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I hear of landlords/investors who have a new tenant and a turned over unit within 3 days of the old tenant moving out. For those who have very fast turnovers between tenant move outs, how are you doing it? Do you show...
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Hey BP Members, I am currently in the process of renting on of my properties. I am looking for companies that does background checks for tenants. What is the best way to do this?Most tenants do want to spend $30 to $...
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Hello. I have used the buy and hold calculator to analyze a potential single family property. The analysis with the current rent only has $55 cash flow per month but with rent increase can go to +$200 in cash flow. ...