For the record, this is NOT my plan. I'm curious if anyone has ever bought a house at auction (in cash) just because its such a good deal? And then figured out the hard money lending for renovations after? I'm new to ...
I am relocating to Charlotte next spring and purchasing my first owner-occupied rental. I will be purchasing a 3BR and renting out the other 2 rooms. What I'd like to know is what are some effective ways to vet my ten...
Hi,
A few facts:
- Triplex under contract
- 100% occupancy
- FHA loan secured
- 100% tenants on month to month leases
- Due Diligence stage is almost complete.
The question...
I have 3 guys in their 20's who want to rent a house from me. I've been a landlord for over 12 years and usually deal with families, these guys seem to be responsible and have good jobs and combined make over 100k. Th...
Should I create a second bank account for my rental money to go into or should I just use my current bank account for all the money that's coming in ?
We are are first time multi-family property investors. We have run into a problematic situation. The property we are looking at has 2 units and both are currently occupied. They are both paying way under market value ...
Hi All, I had new tenants (students) move-in in September, and 1 week after moving in I had to let the water company in to change the meter. I couldn't believe what I saw! The place was party central!! Beer pong tabl...
Hello everybody. My brother and I have a rental home in Los Angeles, CA we inherited from our parents. We had told my tenants first, a young family of one child who had been there for over 7 years, that the home was g...
I have my first two homes rehabbed and marketed for rent. My first has two separate families interested. Trying to decide; probably a no-brainer but I am asking for advice.
1) Family one - Mother with two kids, mov...
Hi all! I just bought my first property and have gotten lots of responses from various online sites like zillow and craigslist. What I am wondering is if anybody has ever dealt with people working a scam on their ad...