So first, I'm new; keep that in mind.Started direct mail marketing 2 months ago and have sifted out a couple leads and saw a couple houses. As of yesterday, I was about to get my first contract signed. I have negoti...
It's leaking whenever the water is turned on and I have a pic below to illustrate the leak. I'm wondering if there is any type of bonding cement/sealant I could use to patch the leak as opposed to having to replacing ...
hi,
I've been trying to find online an average percent return yearly on a rental property. I am looking for what the percent would be with typical situations. average positive cashflow monthly from rent and appreciat...
I bought my first duplex in March '07. It's in South Dakota and managed by my father in law. The first one worked out well, so I kept looking for deals, but couldn't find anything that met my cashflow criteria. Finall...
Hey guys,
Any of you ever bought a property before and experience buyer's remorse shortly afterwards? If so, how did you deal with it?
I am just starting my search for my first tenants of my second rental property. My first property has been rented by family and has been a breeze. I am now moving onto a property that family won’t be living in. The to...
Hi All, I always delete the applicants files and personal info after I have denied the application. Would it come back and haunt me one day if someone files a complaint claiming that I unfairly reject his/her applica...
One of my concerns with buying a rental property is not finding tenants (or worse, finding bad tenants). Is this a real concern? How do you mitigate it?Where do you get the money to pay for the mortgage for those mont...
Despite the local temperatures in Chicago still regularly hitting 90 plus, the cold winds of winter are barreling toward us like a freight train. That said, I wonder how many of you have started projects with snow on ...
Hi all,
I'm scheduled to close in Nov on a 2-family. The inspection revealed some legitimate concerns about the foundation of the house. I was aware some of the stone and brick needed re-pointing when I put in my ...