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I’m a first time landlord with a horrible tenant.I trusted a friend’s recommendation and allowed the tenant in. He should’ve made plenty as a truck driver, so I didn’t do a credit check... BIG MISTAKE, I know!I was al...
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I have recently come across a 212 unit apartment complex in Houston. I’ve spoken briefly with the owner and he is considering selling the property. 212 units might be too big of a deal for me to do by myself at this m...
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I’ve been pondering whether or not to hold onto a condo that I’ve had since 2008. It was my first home which I converted to a rental in 2010. It cash flows ~$450/mo. when it’s not vacant. But that’s the issue I’ve run...
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I am just getting going with my real estate business, and I was wondering what people are using to manage their bookkeeping. I have been suggested Quickbooks and Xero, but was wondering if there are any others I shou...
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Looking to see if someone can assist with an issue on a property I purchased in 2020.I bought a Heavy reno 1 family 25X100 property in NJ . Late February early March was when I closed. This was the second property we ...
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So I need some advice on best way to proceed. I'm looking at investing pretty heavily this next year but not for sure exactly what route to go. I have my main home in Amarillo, TX which is valued at $130,00. I owe ...
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Just curious how everyone approaches CapEx. Do you take proactive actions or do you wait until signs of problems? I have a few properties where roofs and furnaces are getting towards their end of life (17-19 years). T...
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Hi folks,I am in contract on my next deal in Oakland, CA. I would appreciate your advice on whether there are any gotchas that would prevent me from executing my plan.Purchase price: $250,000 (paying all cash)Closi...
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Purchased an investor owned property. They had it dewinterized for our HUD inspection for a renovation mortgage. All plumbing worked without issue They had it rewinteized on 12/11/18 a week after our inspection. We d...
Purchased a condo at short sale. Existing tenant is long term tenant. Seller was a disaster, so do not have a ton of background info. Their original lease expired and they were month to month with no security depos...