My goal is to acquire 167 rental properties in 5 years generating $500/month on average.
Im starting my first year and am planning to buy 10 properties in 1 year. I’ll have $50K saved and $8,000 in credit lines.
M...
Just a fun post here. I have been a SFR investor for 15 years and now have $2M in rental RE while working a full time career. The cash flow was tight for years it seemed but the snowball of debt paydown is rolling b...
Hi - I recently bought a foreclose in Lakes Region (Gilford) that I am planning to rent to my Mom (so not looking to cut corners too severely). The house has work needs to be done with support beams (rotted) and a lo...
I am planning on adding more support to the main support beam in my two buildings. I am planning on using 6x6 wood beams that are graded for ground contact. I will put them on concrete supports. The support beams a...
A week ago, my tenant caused minor damage(bent a bit) to a neighbor's utility line support beam while driving a rented u-haul. My tenant called police/fire and no safety issue found, and also started the process of in...
I'm looking to purchase a 1,000sf single family home in a C neighborhood for about $22,000. It would rent from $650-$700 which sounds like a good deal, but the floor in the living room is extremely uneven. I walked ar...
I had my home inspection yesterday and the inspector noticed some rotting underneath the clapboard siding (pretty bad in some areas). There were a few other things he mentioned as well (replacement of some support bea...
For one of my rental properties, I had a contractor do 2 repairs (small roof repair, replaced four windows) and 4 improvements (added support beams in crawlspace, added gutters and downspouts, added basement access do...
I have a basement wall with some horizontal cracks and a bit of stair-stepping. The inward tipping is between 1/2 inch and 3/4 inch (difference between top and bottom of 7 foot wall) .There was a water issue because ...
Hello,We found evidence of previous termite damage under a house we are renovating. My goal is to hold the house for myself, but I always prepare a backup strategy. In this case, flipping the home would be my backup...