Alexa K.
Electric Meter Stolen -- Any Experiences? Cost to Replace?
I recently had the electric turned on at my first rental property yesterday. Visited in the early afternoon, flitted around with the lights for a bit, and made sure to turn everything off before I left. Well, I went b...
Henry L.
Inspection done; not sure whether to purchase property
Hi folks, an update on the place I've been looking at. I have a 3 family, 3 story home (built in the 40's) under contract. The ask price was $355K, I negotiated it to $302K. The rents are at about $2800 currently, ...
Andy Beal
Short-term Vacation Rentals Net Profit
Brand new to the forums and to real estate investing. Totally new direction for my career that began back in January 2020 when I got my real estate license. Real estate investing is the next step for me and my family...
Barshay Graves
Assuming a mortgage from underwater homeowner
I need some help. I got an offer to purchase someone's home for what they owe on the loan or in other words assume there loan. He say's he owes about $80k (it's a messy divorce situation and he is moving out of state ...
Susan Bearry
HUD--Inspection revealed major issues undisclosed in PUD
(Sorry for typo--PCR, not PUD.)I am completely inexperienced in purchasing HUD homes, never even bid on one before now. The questions below concern a HUD-owned manufactured home in the Austin, TX area.What inspection...
Joey Hansell
How do I decline these people? HUGE lies on the application.
Had 3 people stop by my rental house to view it: a father and 2 teen sons. They said that was all the people who were going to move in. Received their applications today, same story.I called their current landlord and...
Bryan N.
Evaluating and documenting security deposit charges
I'm curious how other landlords handle this. After a move out walk through is completed with or without the tenant, how do you: 1) Evaluate what to charge them for? How about if you do the work yourself?2) What not ...
Brock Holliman
Building New Single Family Homes As Rentals
Attention all readers: Could you please give me your thoughts/feedback on the following idea?I have been building new single family homes for investors. I wanted to find a way that I could boost my investors returns ...
Matthew Roberts
Tenants leaving unit
Tenants leaving, this is going to be our first time in our multi family we will have to fill the void. We are very nervous about the process, and nervous we miss the boat, and become behind. Any advice? Or just experi...
Ewa Reza
Evicting from multi-unit rent controled propety to do rehab
I'm looking to purchase a 4 unit property in Los Angeles (rent control). Tenants are paying $300-$400 for 2-3 bedroom apartments. Crazy. I would obviously start with cash for keys strategy first but in the worse case ...