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I have an '60s house that has a two 1-car garage doors that I would like to convert to one 2-car garage door. The doors both lead to one large bay, that is, there is not a wall between the garage doors spaces. The col...
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Background- I'm a new 25 year old prospective investor and am looking to buy and hold property to create retirement cash flow/income.I'm looking over everything I'm seeing in my area (Reno, Nevada), and after I take i...
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I am trying to buy a property from a seller who acquired the house through a Tax Deed sale in Georgia. He has already gone through the necessary foreclosure steps according to his attorney.The seller tells me i will ...
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Duplex. 15 years old. 2BR/1.5BA units. 900 sq ft each. Area = C class.Rents: $500/unit for $1,000/month gross.TOTAL INCOME: $1,000/moExpenses: Taxes = $55/moInsurance = $75/moProp Mgmt = $100/moCap-Ex = $100/moOng...
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For those who find their own tenants, maybe particularly for low income units, do you include any lifestyle questions in the application or screening process? For example, info on whether they own a lawnmower, how th...
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What is the best cash flow strategy in your opinion?
I was told that owning cash flow residential properties is a pain because of having to deal with the maintenance, tenants and sometimes property management compani...
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Hi all, first time to post to the forums. I've been quietly studying and lurking for almost 6 months while stock-piling cash from the busy sales season for my industry(OND!). I've now got some time to breath for a c...
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*I would encourage you to read the links below to be educated prior to reading/posting! Everyone is entitled to an opinion... but only the informed should share it!*
Link to the Legislation, PDF available to download...
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If you were a single, self-employed, and location-independent worker, how would you go about identifying the best house-hacking opportunity in a tax-free US state? Ideally, I'd like to use a FHA loan to purchase a mul...
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I am considering buying a 50 acre, rolling to hilly parcel with lake views near Knoxville, TN for a proposed subdivision of 1 acre lots. I need a good short hand method to estimate the cost of building a curb and gut...