Joe P.
"A year+ of progress...or maybe not." Deal Analysis after 1 Year
Thought this would be fun to expose some of the financials and situations of my current rental.I purchased a duplex in Gloucester City, NJ in July 2018; I've had it now for over a year.Here are the initial numbers:Pur...
Cedric Jenkins
Is it impossible to overcome a minor mold issue?
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
Jesse Petrillo
Home Inspection Dilemma - 24 Hours to Decide (pics included)
Hello all,I'm in the process of purchasing my first single family rental property as a long-term buy and hold. I'm located in CT and purchasing in the Atlanta area, so I can't see the subject property in person. I rec...
Abdul Azeez
Urgent Property management and tenant issue - help appreciated
I have a property under management in Tenessee with Reedy and company where I have had the following issues. Who can I escalate to in company management to help with these? The person I have escalate to has not respon...
Bao Nguyen
beware: landlord insurance policies do not cover theft/vandalism
I got a call from my tenant yesterday that the bay window in our rental unit has been smashed in by vandalism. I submitted a claim to Allstate, and the promptly called me to today to let me know that my landlord's po...
Kyler J Sloan
Hot Tub: new vs. used
What is your opinion on whether it is more cost effective to buy hot tubs new as opposed to used, or vis versa?
Kaylyn Geiger
Is it foolish to get into STR's with a looming recession?
Hey all you smart investors out there. My boyfriend and I have been looking into long term vs. short term rentals for the last year now and have recently started to lean towards short term. We currently house hack the...
David Yue
Paying all cash vs putting 25% down?
Hi, just wanted to get some general advice from some seasoned investors. My wife and I currently both work and make pretty decent salaries, were in our 30's and are paying off our 15 year mortgage on your primary resi...
Lisa Kattenhorn
Let tenant deduct services rendered from rent?
Hi everyone,I have heard mixed opinions on this topic and I would love some input from all of you. One of my tenants is a licensed electrician and is willing and able to do some small jobs for me around my new rental...
Michael Wade
Tenants' side of duplex won't stay warm in MN wint
Hi all,First-time homeowner (duplex) with first-time problems. Looking for advice on either heating or tenant-relations.I bought an up-down duplex in Minnesota in March of this year and moved into one unit, renting th...