I want to open a topic that is based more in purpose than product. The 'why' we do things. On most boards I see people asking what is legal and illegal. While that is a worthy topic, I am perplexed to note that seldom...
Some of my rental properties already have appliances like refrigerators and dishwashers. I want to put into the lease that these units are just there as a courtesy, and the tenant is responsible for any repairs of re...
Ok, so I am making a plan to start virtual wholesaling. I have a market I am targeting within two hours away. I have some contacts on the ground that I plan to use for taking pictures and estimating rehab costs. ...
Are you a DIY Landlord? If so, how did you learn to manage your rentals well? What mistakes did you make along the way?
Wife and I moved into a house in dire need of repairs....wife wanted the house b/c she wanted a fixer-upper. What needed to be repaired was the kitchen needed to be completely redone (water damage ruined everything, l...
I want to run something by the community regarding property management and see if others have done something similar:I’m in the process of figuring out how best to setup the legal structure for a long-term, buy-n-hold...
Im considering a self directed IRA. Does anyone have experience with them? There are a fair number of rules and regulations, but I'd like to learn more if someone has real world experience. Questions that come to m...
So I'm at this new job today, and everything is being thrown at me. 401k saving, dental, vision etc... Anyways throughout the 8 hrs shift I could not focus on the task at hand but rather having rental properties. I fe...
We closed on our first deal (buy and hold) Nov. 10th. Here are the details:Purchase price: $92,000Closing Costs: $1,200Rehab budget: $7,500ARV: $125,000Rent: $1,100 - $1,150The house is in Kennesaw, GA in a great loc...
My goal is to "retire" in 5 years. I want/need roughly $8,000/month to cover my current income and benefits. I live in Evansville, which is growing but still a small/mid market. It is currently saturated with investor...