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I'm trying to understand why so many people stay away from investing in Michigan? There are homes everywhere for 30k. I realize there is no appreciation, but the cash flow seems great. $700-$900 a month in rent for...
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I found that investors are focused on their local market because "they know it" even if return rates are much, much lower than in other areas...If they decided to be REI, so assuming they want as high return as possib...
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Hey everyone! My name's Justin Wotring (I pronounce it like "Watch-Ring") and as the title suggests I am new to the RE investing gig. I'm a husband, father of 3 (one boy, 7, and two girls, 4 and 2.5 months), part-time...
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Tenant removed my shed and replaced it with a larger one. Tenant gave me 30 days notice to vacate. After 45 days, tenant moved out and left the shed, I learned that because of its size, it required a permit to be th...
I recently purchased my first home this past Thursday. Leading up to it felt like a dream come true, I found the perfect home. I could not wait to finally settle and move in.
Settlement day came and it was a nightma...
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This showed up in my facebook feed and I started wondering what responsibility the landlord or new tenant has for previous tenants mail? I'd write Return to Sender a few times, but then I'd get fed up. I would probabl...
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New student renters graduating next year will pay upfront x13 mos' rent and water bill ($75.00/ mo). ( they will pay all utilities). Will reimburse water fee if they overpaid at lease' end. Anything else we need to be...
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So the quick version of this is:My mom moved from the area (sf bay area to so-cal) and kept her house here. I am the "property manager" for the time being.We did as much as we could to get the place rent ready in the ...
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So July is the first month that I've collected rent at my new properties. I got all the rent except from one tenant. From all accounts from the previous owner, she was a model tenant. In fact, I remember being in her ...
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So, something has always bugged me a little bit reading these forums and blog posts. If someone is self managing a few MFH, why does everyone seem to feel they have to run over at 3am to deal with a clogged toilet? W...