Ok, first rental and first tenant. This forum has been a godsend in terms of helping me and my first-time landlord anxieties. So, I have my first tenant, everything checked out, she was qualified, etc. She has been in...
I am wanting to enter the REI world but will not have time or skills to self manage. Looking for a property manager and think I have found one but wanted to make sure his fees are in line with the norm:9% of all rent ...
For the last year or two, cars have been parking in front of my building, leaving tons of cigarettes and glass pipes on the ground. They live in the building across the street, whose landlord doesn't screen tenants. ...
What do folks suggest for a profit-making idea that is in the "very, very safe" category, but returns as high as 6-5%, no fees. I have a broker who can get me into REITs, but that tends to be 6.5% minus 1.0% in manage...
Hi all! Just wondering what your thoughts are on this. Is it doable? Is it adviseable? I'm about to make an offer-in-spirit (nothing written yet) on several properties, and 2 of them have dead-beat tenants. I want to ...
HI My sister and I are geared up to dive into property investment with a fix-and-flip project in Ohio. We've diligently saved money and secured a loan to kickstart our venture. However, we're eager to explore ways to ...
Words of wisdom in case this every happens to you:1. Before you file your insurance claim, contact a Public Insurance AdjusterNot only will you get a higher claim paid for damages, but they will help you determine da...
I know there are a variety of screening practices used by landlords and property management companies. Personally, I follow this standard for every application I receive:
- Income of at least 3 times the monthly rent...
I've been looking into turnkeys in Memphis and came across the following 4/2 SFH in the 38118 zip code. Though it was built in 1963, it's had extensive rehab work done in the amount of $22,500. The major work don...
I am fairly certain I am asking a legal question- and ironically I am a lawyer (not in this area though!)... just wondering if someone can point me in the right direction or perhaps encountered this.Just found one of ...