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Hello all,We are closing on a 12unit next month. The inspection showed there are 8 water heaters that are near double life expectancy (so they are 10 year water heaters but some are 18 years old). Would you replace th...
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Sorry, I couldn't think of a better title >_<So, here's the question: If you have own a property which you moved into an LLC AND you have a property manager, managing said property, how should payment of his ser...
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Hi everyone,I had a friend reach out about a situation he is in. He has been living in a town house for awhile now and he just adopted a dog (part pitbull) and now his landlord is trying to evict him. He sent me the l...
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Hello all, I recently started investing in real estate which is probably the greatest decision I’ve made. I reside in Orange County, California and rented my primary home which I’ve owned for a little over two years n...
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We have a tenant that leased for one year. She had a no pet clause yet unbeknownst to us brought a cat in. There were uncleaned litter box during an inspection. We had a a broker present too. The smell was terribl...
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I am a new investor and have been solely looking for duplex properties. I see a lot of nice single family homes for sale and often see investors talking about their portfolios of single family homes. When I run the nu...
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Hi, folks! My husband and I live pretty humbly so we have zero debt. We own our home, our cars, etc. My husband works part time for himself and I don’t work at all. Haven’t since 2017. We’re surviving and thriving jus...
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My wife and I are going to look at two properties tomorrow that we are evaluating as short term rental investments. The properties are in the North Carolina mountains (near Boone), where there are lots of outdoor acti...
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I have located a Forclosure I want to flip. The listing started at $159k, now its down to $124. I ARV is $140K to $160K. I have done a walk through and cosmetic repairs are running about $4 to $5k range. The only ...
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I have a property in a tough area under contract, and my attorney has told me that occasionally liens on the property may not show up for 3-6 months after the close of the property, which would leave me (or my llc) re...