I’m curious what you find to be the most important things to do when ‘training’ your tenant. It could range from calling during certain times of the day (except for emergencies) to paying their bill online direct depo...
I closed my first deal this month on a 4-plex that came with tenants. Two are both SSI only and the first small issue comes from them.
The lease, from previous owner, says pay on the 1st or pay a late fee, however th...
Hi there,Newbie here. I am not an investor, I am looking to buy a REO property as owner occupied. This property is listed for 300K. I showed it to a contractor, there is roughly 100K required in repairs. Once repaired...
I’d love to hear people’s stories about crazy things that happened during an inspection/due diligence period! Maybe something happened on the last day at the 11th hour?
Hey BP, I recently had a career change that allows me complete control over my schedule. I have found that my morning routine is now probably twice as long as it was before. Even though I am doing high value tasks lik...
There are two different ways a house can reach an auction: either the home has gone into the foreclosure process, or the owner did not pay property taxes. The starting bid on the home can be the remaining balance on t...
Hey Investors,
Do you buy home warranty for your rental ?
For example:
I thought this can be a good way to avoid big repair cost for old homes.
Thanks,
Orhi
I'm a landlord in Florida and my tenants recently moved out. I was charging them 1000 a month which comes out to about 33 dollars a day. The cats urinated all over the master closet laminate floors which are brand new...
This seems to be one of the more confusing topics I've come across. I have bought some REO properties in the past (I'm 2 years in the RE game). I've made some decent money from REOs but I'm considering buying properti...
We purchased a two flat investment building in Chicago, Cook County. Both are section 8 rentals.I’m having a lot of trouble with a tenant, withholding rent, and giving 30 day notice (which would work out as 2 and a h...