Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...

A longstanding great tenant of mine is terminally ill and has moved out (it’s highly likely he won’t be back). He’s now living with family and receiving hospice care. He’s in very poor health and likely will not surv...

About 10 days ago, I started a thread comparing investments in Cash Flow versus Appreciation properties.  The response was overwhelmingly in favor of Cash Flow.Are there ANY investors investing for appreciation out th...

First and foremost, I hope everyone who was in the path of Hurricane Harvey is safe. My brother is currently buckled down and waiting out the storm in downtown Houston.

Once the storm (or any other natural disaster)...

We are closing on our first two rental properties next week.  They are turn key ready to rent properties.  We have a few potential renters already.  One is a young couple with a dog.  I have dogs myself and know that ...

My wife and I had been interested in purchasing a rental property for about a year with the intent of making this a business. She's a teacher, I'm an engineer and we have little faith in the future of Social Security ...

For rental payments, I have been using erentpayment.com, but due to the issues that have just surfaced regarding fraud, I need to find another vendor. In short, for those who haven't been following the discussion, a l...

My tenants haven't paid their rent since July.  I know, I'm too soft-hearted for this business, but I'm becoming less so, trust me.  After they broke their 5th (6th?) promise on Friday, I served them with a 3 day noti...

Hoping to collect some WNY folks in this forum. Any Rochestarians interested in meeting up to talk Real Estate? Lets start a discussion here with 2 minute intros' and hopefully get enough interest to connect in perso...

Hey guys, A little background: I've been renting a house for 2.5 years and my landlord is looking to sell. 2 Years ago they moved to Chili and now they decided they're going to stay. Before I moved in they had the hou...