Thinking about buying a rental that works out to be $100/m after I run my numbers. It's a SFH in a good school district. I'd say B+ area. I am self managing this but still factor in PM expenses incase I move. Although...
Today was a day that we all look forward to in real estate. It might not come very often, but when it does, it's a great day. It's called payday! I closed three houses today alone. Below I will walk through the deals ...
After a year of vague forum posts, let's get personal.My wife and I have 100K. No debt. We rent a townhouse, at $1,700 a month in Orange County, California. Currently we make a combined $160k.Our end goal is to have r...
I have a young couple with a retriever puppy bombarding me with inquiries. I told them puppies and unfixed dogs would be a no-go for us. They said they don't plan on fixing the dog because they want to breed him (!!)....
Hi everyone!It recently came to my attention that my grandfather has way too much money sitting in a standard savings account earning a pathetic less than 1% interest rate. My grandfather's gears turn in money and I'm...
I am looking to buy a fixer upper. I’ve been seeing some options come through a wholesaler that are multi family and some are rented currently. I would aim @ renovating the property and increasing the rents. My girlfr...
My property manager is saying an eviction will cost ~$1000 for a lawyer. Shouldn't the property manager handle the eviction process themself, otherwise, what am I really paying them for? Tenant paid last month ~ 20 ...
Hi all,
I have two tenants in my 3B/3B property. One of the tenant has been there for 2 years with the same rent amount since he moved in we have a month to month lease. When is recomendé to increase the rent and how...
Hi all, I had some tenants move in last month to a 3/2 SFR (I just closed on the property a month prior) and I really like them a lot. Good people. Anyways, the first day in, we realized the hot water heater needed re...
I'm currently renting in Los Angeles and the rents are super high. I
want to buy a property, but I am a little afraid especially after the treasury department said we are looking at early signs of a recession. I
w...