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I'm relatively new to REI, but have had a single rental property for ~3 years that does well. My father on the other hand, has ~20+ properties and tracks everything manually in a spreadsheet. While I could likely writ...
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First of all -- I apologize if this is in the wrong section.
I recently purchased a house, hoping to rent out the rooms for a while, to kill two birds with one stone -- start on the path to being a RE investo...
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Being in South Florida where it's summer 11.5 months of the year it's nice to have ceiling fans to circulate the air in a rental and renters see it as a "plus" although I don't think it's a show stopper.My rentals are...
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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,...
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I recently had multiple people apply for one of our rental houses. I narrowed it down to 2 people. Do you always go with the best choice even if they only want to rent for a year? First choice has excellent credit sco...
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I'm a broker in the Fort Bragg area in North Carolina. It's an opportune area for investing and we've seen out of state owners bringing more money in over the last few years. Particularly, people go crazy over multi...
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I am an investor and in the middle of processing my 1st short sale.
Home is worth $100,000 ($90,000 for a quick sale). I have a contract offer for $50,000. Some work will need to be done on the house. I helped the h...
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Economics professor Richard Wolff warns housing crash would be worse than Great Depression"Economist Richard Wolff told Hill.TV’s “Rising” Wednesday that the coronavirus pandemic could lead to a housing crash worse th...
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In the book "Landlording on Autopilot" Mike Butler makes the case for houses being better investments than apartments for the following reasons:
- Houses can be bought at wholesale & sold at retail. Apartments ar...
Hi all,
I bought a duplex for $60k back in May with the goal being to make a cash flow stream, but since the market here is hot this year I've decided to see if I can't sell it. I put it on the market about 3...