Kerry M.
Should I walk away?
1920 HUD former duplex 4/2 for $26K in a college town where 3/1 prices average in the 70's. Our contract date is 3rd week in April. The list of what needs repairs is long. Needs new plumbing on one side, including ...
David White
Sourcing Credible Property Managers
Curious to hear anyone’s perspective on the best ways to sourced credible property managers and companies for single family rental properties...
Alex Medearis
Rehab Costs in Charlotte
Hi Everyone,Great to meet fellow Charlotte investors. Thanks for helping make this such a valuable community!I am in the midst of a rehab in Charlotte and am looking for guidance on finding contractors that can work ...
Bjorn Ahlblad
Are your tenants buying houses too?
Too many of our tenants are buying and even building houses; this is an expensive market! I'm happy for them and they are not hard to replace; but still!You guys and gals experiencing the same?
Marc-Anthony Signorino
Tenant complaining about ticking copper pipes
This is in Cambridge, MA; five-unit building. We've recently updated the heating system in the building with a high-efficiency gas-fired water boiler getting away from oil. Because it's an older house, it's got copper...
Nathan A Waggoner
Starting out? Any pointers
Hi everyone I am new to all this. I am currently in the military and for the last couple of years I had the idea of real estate on my mind. I am currently moving and will be in Maryland per my job in Feb 2021. I am th...
David Capote
Silent wrap-second mortgage-how easy is it to refinance?
silent wrap-second mortgage-how easy is it to refinance?
I have a seller offering me a silent wrap second mortgage. He says I'll get an affidavit of equitable interest at closing and my payments to him are escrowed a...
Roger Morales
Chicago under contract w tenants remaining under month to month
Hi allI have a 3 unit under contract right now with a 203K Loan and just received the updated contract agreement where the seller has declined to take responsibility of seeing that the tenants in all units will be mov...
Julien Pouchon
Is TURNKEY property a good investment ?
Hi,
I am just getting started in real estate investment. I had a inheritance and placed most of it in Mutual funds. I would like to diversify my portfolio and invest in real estate, I live in New York and the real ...
Gary Jellis
1031 Exchange rental to New rental then to Principle Residence?
Can I use a 1031 Exchange to buy another house, then "put it in service as a rental" for a short period of time of 6 to 12 months. After renting it for 6-12 months, then evict the tenants and move in as my new princip...