Julie Kern
Our first deal - buy and hold rehab in Kennesaw, GA
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...
Marian Smith
No Inspection
I recently bought a house without an inspection. It was bank owned and quite a mess—evidently the occupants had to be evicted. 1250 square feet 3-2-2 with half the popcorn removed from the den cathedral ceiling, ...
Brian Garrett
Newby trying his first total house renovation
Hello everyone,I am a newbie to the whole real estate investment world and am looking to move on my first property if possible. I have been reading books and I have been studying everything I can. But due to some issu...
Michael Peters
Tenants Served a 7 Day Notice in Retaliation
Live in Des Moines, Iowa and recently found a tenant with an extra dog on the property. Inherited tenants with 3 dogs already on the lease. We served a 7 day notice of breach of lease requesting the dog be removed. ...
Todd Williams
Tenant left with 4 months left on lease and $2k+ cat urine damage
Whew this has been an interesting week. Not too long ago I was trying to fill a room in a home, this caused said tenant to demand a negative coronavirus test (impossible). The new move in had agreed to self-quarantine...
Hieu Bui
Estimating rehab cost for a duplex
Can someone check my rehab estimate on this duplex?https://youtu.be/7eoE9oaDEzMThis is a 2Br/1bd per side duplex, 1848 sqft.The interior of one unit is very bad, but the other unit is fine. Each unit is 924 sqft.From ...
Sean Haran
Is a sewer scope worth it in Columbus OH?
Hello! Looking for advice on whether or not a sewer scope is worth it for a home in Columbus OH. Inspection company charges 400 for general inspection, plus another 200 for sewer scope. Is the sewer scope worth it/nec...
Hobart King
Insurance is killing my rentals
Can someone tell me what a normal amount is to pay for Insurance on low end rental properties? I own two rental properties in a 50/50 partnership in Birmingham, AL.
Rental 1: Market Value ~50k. Insurance Payments ar...
Vernon Huffman
If you had $300k liquid how would you start RIGHT NOW?
Not a hypothetical. Goal is to replace W2 income, initially.
Uneeq Khan
Battling HOA On Leaking Roof For 1 Year
Wasn't sure which forum this topic should be on or if this even fitting topic for these forums but hopefully someone can help me. I've been battling with my HOA for over a year now about leaks from my roof (April of l...