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Hi everyone!I own a rental home in Mableton, Georgia and I recently received a letter from my insurance company that said "foundation has cracking/missing foundation. Debris under screened porch" and that I have one m...
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Looked at a house that has sat for over a year vacant that was bought at auction. Has some mold and major foundational bowing in the basement. Should I make an offer or stay away?
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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?
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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...
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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...
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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...
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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...
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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...
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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 ...
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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...