Hey guys! First off, thanks for clicking on this discussion. All feedback is greatly appreciated! This PAID OFF property was given to me by my grandmother once she got her new house. MY ASSETSMy father is a Guru when...
What level of finish does a home need to be to qualify for conventional financing?I'm looking at a home north of Seattle that is a two story home that is gutted on the first floor, and completely remodeled and finishe...
Hello all, I scan this forum every so often and there's so much good information on here I figured I would throw my situation out there and maybe someone with more experience can give me advice. I just purchased an of...
I have a property (3/2) under contract at $48,500. It's a foreclosure and it requires $13K of work. Market rent is roughly $800-$825. ARV is 80K - 85K. I would be able to pull out the purchase price + rehab cost out o...
I have 2 rental properties that are run by a property manager. The first one I purchased in April and the second one in June. Currently they both have tenants. On the lease, it states clearly that the tenant can no...
I own 8 properties with a partner and were looking for guidance:We want to find an easy way to track our spending so when tax time comes around we will know exactly what we spent rehabbing each buy and hold rental pro...
My husband and I live in California and we completed our first purchase of a SFR in Cleveland (Garfield Heights) about 4 months ago through a turnkey company (purchase price about $61K with a monthly rent of $920 befo...
First off, great forum, I really appreciate all the help we have received here.
Second, I am not emotional about this, its a business decision for me, I am in this to make money.
We have tenants that are renting our...
Not really asking for advice here but did want to share a recent situation. Newer tenant who signed a non-smoking agreement when he moved in was smoking pot. Another tenant complained of the smell. I gave newer tenant...
What do you guys charge for a pet deposit? And fees?