Hello all! Im wondering what are your thoughts on buying a property for cash flow when the seller wants more than what current market value is?
I am a week away from COE.Buyer's sewer inspection report came up with the following:
"CAST IRON PRESENT: The age of the plumbing system should be taken into consideration. Cast Iron drain and waste lines typically h...
Here’s why many investors switch to commercial multifamily 👇Let's say your rental property makes $200/month in cashflow.
Which is $2,400 annually.
This will WIPE OUT your cash flow:
❌ HVAC repairs
❌ Turnover co...
Hey all,I have a tenant that did not pay rent on time this month. So, the day rent was late I put a 5 day noticed on their door. He came out and got the notice very quickly and called me after I had just driven off. H...
We had a water heater leak that flooded one of the kids bedrooms. Dry wall and carpet are being replaced so the 2 kids have to share a room. Do you ever give a rent discount in this type of situation. Right now the...
Hello all! I purchased my second investment property (a duplex) almost a year ago (November 2019) in Allentown PA. I'll just get right to the numbers.Purchase price: $140,000Cash to Close: $43,000Initial repairs: $6,8...
I had two properties that were going vacant at the same time
one was a dead beat tenant that I had to evict after she only paid two months rent.
the other was on a house that I basically just put someone in to keep a ...
Looked at a property for a potential BRRRR. Price is 170k with ARV at 240k. only thing here that is really concerning is the block basement. Looks like this might be an issue or might be a simple fix. Also I've he...
I've been on BiggerPockets but never really took part in any of the forums. I decided to go Pro to show I'm taking this business seriously. I'm in the northern New Jersey area ( close to NYC) where I'm looking to star...
Hello,My name is LeoOne of my investor friend has an issue with his rental property (2 story townhome with HOA)What was happened to him and the unit is1) the drain pipe on 2nd floor bathroom was broken2) water leaked ...