Hi -- I'm working on a house that will be in a lower-income rental area. I pulled up the carpets (which had 30 years of dirt and dust under them) and found good hardwood floors. There are many imperfections due to t...
Hello,
I have scoured the forums for rent increase posts. Most of them focus on how much to increase and what not. Owning multiple types of multi-family rentals (Class C and B for now), I have a good grasp of the val...
We have a single-family home that we rent out to a lovely family. They've lived there two years and have been really great tenants. Recently our house was reassessed and our taxes are going up around $600/year. While ...
Hi,
I am considering an offer on a 4 plex that is a short sale. Owner has 230,000 in debt. List price is 175,000. There is another offer already so I am to make my highest and best offer. Rent is 550/unit. It i...
Hey guys!
I've been looking into the real estate side of investing for a while now, like watching youtube vids and getting input from a friend who flips houses for a living. The side of real estate i'm really interes...
I spent $33,836 renovating this unit.Here's the breakdown:-Quartz Countertops: $3,500-Heat Pump System: $5,500-SS Appliances: $1,773-LVP 20 MIL Flooring: $4,406-White Shaker Cabinets: $4,000-Washer & Dyer: $400-Ba...
With only $1500 in my bank account, I made a decision to move to Las Vegas from my small town in Connecticut in July 2016. At this time, I knew the potential of investing in real estate but was unsure of exactly how t...
What’s the easiest way to become a millionaire? Buy $1M in real estate and use other people’s money (“OPM”) to pay it off over the next 20 years.
Prior to November 2017, my real estate portfolio consisted of one dup...
I went on a road trip today to look at a couple of 5 & 6 unit properties about an hour from me and came home with a duplex. {Well actually, I left the duplex where it has sat for the last 80 years and just brought...
Hi guys,
I just purchased a home warranty plan for a property that I own as a rental. I think many people here would think this is a terrible idea but I think the benefit is in the nuance so let me explain.
First, h...