Daniel Andrews
Completed my first Flip in Canton ga.
I just finished my first flip. The house was purchased off the MLS as a banked owned. Asking price was 119k and I offered 125k cash two weeks closing. They accepted the offer. Repairs. I am purchased a house flippin...
Richard Chapman
How can I help someone who is in pre-foreclosure without taking advantage of them?
Is there a way to help someone sell their house or use some sort of wrap-around financing to sell their house and get back a portion of the sale or payments for myself?
The owner has some equity but I don’t want to s...
Rax Gupta
What % of cashflow is considered good for a rental property
Hi All, I am considering buying a rental property. After all, deductions, what percent of cashflow is worth going through all hassle.
Wade G.
Curious What Everyone's Cash Flow Is
My average CF on a 3/2/2 SFH in southeast Harris County worth about 160k - 190k, at 75% LTV, is about $300 month. That $300 month is after PITI only, actual CF after repairs, maintenance, PITI, and vacancies is about...
Erica Allen
inspection report - estimate needed
I've been searching for my first investment property primarily in the Cleveland area. The property I am considering purchasing has an inspection report but I don't know how to get an estimate of cost for the recommend...
Nick Leamon
Is the 2% rule true for single family home rentals?
So I read the beginners guide, and have been hearing a lot about this 2% rule since I started looking around Bigger pockets, and my question is, is that really true for single family home rentals?
My grandfat...
Diana Rendon
We Want to Sue Our Landlord. Do We Have a Case?
This going to be a lengthy post, so bear with me and appreciate the time for reading this.Background: My mother-in-law is having a difficult time with her landlord. She lives in a house in a lot of three homes in Los ...
David Yee
How to inspect house when purchasing out of state
Hello! I am currently reading J. Scott's The Book on Estimating Rehab Costs. I plan to purchase my first property within the next year but will most likely be doing so out of state due to financial constraints. How ca...
Zoe Lee
HVAC preventive maintenance worth it?
We are looking at an annual HVAC tune up plan for our rental. This is what one company's tune up entails:Spring AC tune up:Indoor Unit
*Blower Motor *Amp Draw *Bearings *Blower Wheel Balanced *Control Board *Operatin...
Bo Edmond
Landlord won’t fix AC in timely manner or provide alternatives
Hello, I’m active duty military deployed overseas and one of my guys has a significant problem. His wife and two young kids are in Ohio in a house they’re renting. Their AC went out two weeks ago and still has not bee...