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Hello,My wife and I are looking to get a bigger house and we want to keep the house we are currently in and rent it out. I've been reading the guides and forum, and talking to some people in the community. I'm hopin...
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Hi,
We've purchased a 2 unit fixer in cash as an investment but can not get a loan for remodeling it even though we have equity in the property. We own a primary residence on which we make mortgage payments. The re...
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I'm a fan of Menards. They always seem to have super good deals when things go on sale. I haven't shopped HD or Lowes too much.Since I'm a veteran I get a 10% discount at HD. Then I've been buying a few HD gift ca...
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First off, great forum, I really appreciate all the help we have received here.
Second, I am not emotional about this, its a business decision for me, I am in this to make money.
We have tenants that are renting our...
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Please don't laugh, but I think I earned my Big gal landlady pants today:) This particular lease states rent is due on the first and late on the 3rd. Late fee is $50 and $25 for each late day there after. . I had t...
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Hi All!I'm new to buy and hold investing. I'm using a excel spreadsheet that has a conservative 10% vacancy reserve and 10% maintenance reserve every month. I've spoken with turnkey companies that say they use a much ...
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Hello BP
I would love for some more experienced REIs to have a look at the details of a recent purchase my partner and I just completed and give us your thoughts on how you think we did.
THE PROPERTY
...
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Hi there,
I'm 24 years old and am very interested in getting involved in some REI. One of my Uncles has been successfully flipping houses for the last 13 years and lives a very comfortable life by doing this.
L...
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About 3 years ago my Wife's 85K IRA was making mediocre returns and we decided it was time to use it for real estate, which we understand far better than stocks. We converted it to a ROTH and took the tax hit in a ...
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What do you guys do when your contractors or subs up their prices per hour or per job for an exactly same type of work. Do you question them and try to get them back down, bite the bullet and pay if they do a good job...