Good morning all,I had an apartment showing last night, and during the tour the prospect disclosed that she and her husband were losing their home to foreclosure after 12 years of ownership after her husband was out o...
I've been asked to teach a 2-hour course on "Buying REOs" at the Georgia REIA in a couple weeks. I've been putting together my presentation, and want to ensure that if answers most of the basic questions that new inv...
Has anyone ever done this? We seem to have a number of auctions around here and quite a few listed at "No Reserve". Just curious if they are worth checking into? Are they on the up and up in respect to do they have st...
First time poster here. I am looking to buy my first rental. When it comes down to who is in charge of paying for what bills, do I the landlord have control over that? for example i notice some rentals the renter i...
I have a free & clear condo turnkey undecided for for months to sale or rent. As a newbie how do you evaluate fee structure for repairs? Does all repairs come out of my pocket? Also i am very picky & want cert...
Hi All,
I am planning to close on my first rental property tomorrow in North Charleston, SC. I purchased the property with 5% down. It is actually two homes on the same lot that I plan to separate with a fence. ...
If you use rentometer and various apartment searches and believe that a unit should rent for, say, $650, and your real estate agent estimates that it should rent for $600, that's not a big deal. The different isn't th...
So....today I learned a couple of lessons.
#1. Those suggestions about handwritten letters being more successful than typed ones-Now Proven. Never responses in the past to typed letters so hubby and I did the...
Hi,
We closed on our first rental property last month and had prorated rents deducted from our closing costs. The amount deducted is considered rental income, right?
Thanks,
Kelly
As an owner that lives in another state, I want my property to be in a good condition and PM looking out for that. How often should the property be inspected for appliances, locks,a/c filters,furnace,water heater,smok...