Hello all,I am considering investing in my first MH Park. It is a 17 Pad site with 10 PARK OWNED homes. 8 of these 10 homes have been completely remodeled in the past 6 months; a nice job remodeling without being ex...
I’m a newbie for both of this site and investing in real estate (going to be my first beside my house that we living in now).
I’m looking in buying condo or a house to rent it out. The thing about some of the con...
First let me share that the lease on this home states the tenant will be responsible for small repairs less that $50 even if it is due to normal wear and tear. We have a new tenant that has been here for about 6 month...
I received closed on a single family in Indiana IN. Received first month’s rent yesterday and before I could feel happy about the potential cash flow, I received a service request today for potential raccoon activity ...
I was wondering, when analyzing a potential property to purchase, what % of rents do you account for to be vacancy, capital expenditures, property management, and repairs? I am starting to practice analyzing deals and...
I'm in the process of turning over my property and have my top 3 applicants whom all meet the qualifications. My number 1 applicant is a couple with caged rats as pets. My number 2 is a couple with 2 large dogs (over ...
I'm considering making an offer on a 12 unit (would be my first RE purchase)with the following characteristics:
Asking price: $585,000
GOI: 95,940
NOI: 50,910
12 2bd 1ba units with rents ranging from 425-595, two of ...
This is a topic I have been thinking about before I even started investing in real estate. I currently self manage 2 single family homes and am not sure when I should consider finding a property manager!I have not had...
What's it like to be a landlord who rent out condos? What are the pros and cons?
I'm a newbie, and recently attended my local DFW Real Estate Investment club this Saturday. I heard this interesting idea about a buy and hold philosophy in relation to vacancy:
Most investors don't own enoug...