George P.
Washer died. Replace or repair.
A 9 y.o. Whirpool washer just died in the rental unit. My first reaction was to replace it with new (for no more than $500, some basic washer). But then I thought of fixing it - but since I never dealt with fixing,...
Therese V.
Creative Financing or Dumb Idea?
So, I always get those "checks" in the mail from the Credit Card company for 0% financing for 12 months. I'm trying to find a way to use them to help lower my amount in a property akin to using OPM.Basically, I will c...
Sam Leon
Central AC Advice
I have a few general questions about central AC and some specific ones about pets.I have a tenant who's complaining that her electric bill is too high. Her monthly electric bill is around $150. She said she spoke to...
Joe Gilroy
Need advice about buying a Multi family
Need advice please
My Goal
I want to buy a multi family property where I can live in one of the units and I will manage the other unit or units. My goal is to have the rental income be enough to cover the PITI an...
HUA YANG
Is it normal that seller stays in the house after the short sale deal is closed?
We were waiting to buy a short sale. The bank finally approved the price but requires 30 days to close the deal before going to foreclosure, which will be before the Christmas. However, the list agent states that the ...
Dustin N.
Is It me or market is saturated?
Been investing in a smaller town and just moved back to the Dallas/Fort Worth market.
Based on the last few months, it feels like the housing market here is over priced and hyped with investors buying up properties ...
Daniel Hanson
Milwaukee - REIS Property Management- thoughts?
Hi all,I received a recommendation for the Milwaukee property management company REIS Property Management. Their website and services seem pretty decent. Does anyone have any experience with them in regard to managi...
Mark Ferguson
Is solar worth it?
I got a quote from solar city to put solar on our personal residence. Our house is pretty large and our average electric bill is $275 a month. If we got solar the total costs for the system would be $33,000. But acc...
EJ K.
Barely going to cash flow
Hi all,Was curious about everyone’s perspective. Moving to Indiana after previously buying a townhome in Il. It will likely cash flow 100-200 after property management fees, not as much as I would like, especially if ...
Terry Drake
Am I biting off more then I think? Bathroom/Kitchen work
I got a phone call today from the park manager. She told me that a lady just signed her mobile home back to the park. She offered it to me for free with free lot rent until I sell it if I fix it up.
Turns out the h...