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There is some deferred maintenance tenant want me to take care of in the bathroom and kitchen in a 2 bedroom/1 bathroom house. The work should take about 4-5 days. The work is pretty extensive so I want tenant to move...
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I keep running into articles about people who live an extreme austere life styles and do not work full time. (I call dibs on idea for the reality show featuring that life style). I do not want to eat ramen noodles 6 ...
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Hello all. I just read an article on commercial financing that said commercial lenders would consider rents in the decision when financing a multi-family if there were leases. I am going on a three-day car trip tomorr...
Recently I was reading something that suggested putting in crown molding and finer touches to a rental property. The purpose to attract quality tenants. The idea on the surface sounds good, we all want to attract qu...
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My wife and I have been able to do complete rehabs for under 12k per door. The key to our success is to not view the property as our own home . We do not go above and beyond and keep expenses to the minimum. We buy e...
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It's been five months or so since I've joined this website and have been relatively absent from the forums, not because I decided REI wasn't for me, but rather because I have been busy doing deals! To set the stage, h...
My wife and I purchased a single family 3BR 2 bath home for 75,000 in the Midwest at 4.75%. We can pay it off in 2 yrs or rent out @850month. Why not pay it off? I get that we have more dumped in but to pay it off in...
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I do apologize for the long post here, but there’s a lot to get out here.I’m posting in hopes of getting real data and information from folks before making the plunge into my first RE deal. I need a mental adjustment ...
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I'm reading the book, the book on flipping houses and the author recommends getting my real estate lisence. I haven't done any deals yet but think I have 3 options to help me do my first deal this year. Would you reco...
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Is 6% return good after taking everything into concern ( pm, capx, vac etc). Should i shoot for higher return or not?