Account Closed
$30,000 homes
So I'm from Los Angeles and thinking about investing out of state in the near furure. Just looking around on realtor.com I'm amazed to see homes listed at as low as $30,000 this has me wondering, can one finance these...
Demjan Van Der Kach
Lonnie Scruggs - Deals on Wheels
I am reading the book now and it is lots of fun. I have no experience in mobile homes whatsoever and really wonder:
- Are there still Lonnie deals out there?
- when he talks about buying single wides for $2,000-3,000 ...
Jade Wong
Section 8 tenant's lease is up, can I not renew the lease?
My section 8 tenant is a c-tenant, always pays rent late or failure to pay for a couple of months. His lease expired last November and I haven't renewed it because I've been thinking if I should. Here're my questions:...
Joe Richardson
NNN Leases Question
Hello, guys, I had a question in reference to NNN leases:
If a 7-Eleven is $3,000,000 and you put down 30% ($900,000), what would be the true yearly net NOI after paying the mortgage? I tend to see on websites that, ...
Randall Kates
Do You Raise Rents Every Year? Why Or Why Not
I am thinking about raising rent on a year old rehab that I have a tenant paying $1200 monthly for! I am thinking of charging $1225. He is a Foreign Exchange student who is in his Sophmore year so I am thinking of upp...
Reese Thompson
Selling FSBO, Buyer Using Agent
My cousin is trying to sell his house without using an agent (For Sale By Owner, FSBO). He called me a couple days ago saying that he received a verbal offer from buyers using an agent. He was frustrated because his...
Jonathan Brennan
Landlord Eviction Through Text message? No prior notice Given
We have been living at this place for nearly 2 years. The "landlord" didn't have us sign a lease agreement for the place but we have been very diligent with our payments. Here recently they have spoken about needing t...
Ciprian L.
Average tenant stay and turnover cost in Indianapolis
Are the majority of tenants from Indy staying in a property for 12 to 18 months, destroying the property and then moving to the next remodeled property? Or is it just my luck? One of my tenants left on December 31, af...
Nat C.
Another day, another shonky contractor
I have been using Thumbtack to find various professional for hire. Thumbtack is similar to Angies List and Home Advisor. I placed an ad for a HVAC technician. I offered $250 for installation on each AC unit stating th...
Ray Johnson
Help me understand Indianapolis - Fountain Square and Warren
I'm looking for some B Class properties for my Buy-and-Hold portfolio in Fountain Square and Warren Park area of Indianapolis.I was looking at this Investors Guide to Grading Indianapolis Neighborhoods and noticed t...