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I’ve been doing private lending for a while for fix and flips. I’m not sure the insurance requirements that I’m requesting from borrowers are appropriate. These are the rough numbers of a deal I’m currently underwri...
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When approving new tenants I do my best to screen out people who will not take good care of my property, in addition to screening for income, etc. My single-family home properties are not high-end but neither are t...
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In 2013, I started my land flipping journey with the Land Profit Generator program. Even though I took a few years off for my education and had MANY disappointments and failures along the way, including being wiped ou...
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I recently looked at a single family home that I plan to flip. I’m putting an offer in this week and am trying to calculate my rehab expenses. The home is up the street from a lake and the interior of the home has a T...
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We're in DC renting a 100 year old row house. Everything works but it has plenty of quirks and flaws in the plaster and trim and flooring. We were going to bring a camera and let the tenant take pics of whatever she...
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As I am getting ready to do my taxes this year I started thinking about the depreciation for my rental property. I know the standard is to depreciate the rental property over 27.5 years but since I don't plan on ownin...
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Previous tenant occupied the home for two years with no furnace problems. New tenant moved in two months ago. Last week they called to report the furnace wasn't running. I send someone to check it. Long story short, t...
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My Mother owns a single-unit home in East LA, in a desirable neighborhood, that she inherited 8 years ago. It's been a rental property since her father owned it, and the current tenants are a family that has occupied ...
Alright so obviously more bedrooms means more tenants and more rent. However, it also usually means lower rent per tenant, so you have to deal with more potentially bad tenants. I also personally feel like when there ...
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Hello everyone - I am currently working on my first deal and I'm torn (mostly fear and financing). I have several duplexes that I am considering all are currently occupied & cash flowing with 'long-time' tenants a...