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I'm doing analysis on a few BH deals around 75-95K on the purchase price. What is a good CapEx % to use on these properties. I have been using 10%, but it seems to be eating into my cashflow. Does anyone base their...
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Just wondering how other landlords would handle this situation. I would like your input before saying what I did.Tenants are a young unmarried couple, no kids. Man has the bulk of the income, woman can't afford the re...
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I need help. I came across an owner who has abandoned the subject property and hasn't paid his mortgage since 2009. He told me he just wants out of it, wants nothing to do with it, wants to move on. Fast forward about...
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I live in the suburbs of Detroit. I own some multis about 20min from detroit in C areas.There are 50-100 unit multis that pop up for sale in Detroit with awesome numbers. 15-20k per unit, 95% occupancy. $500 per month...
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Hi my name is Lauren, my family owns a piece of property on one of the busiest streets in our city, near the airport and military base. This property use to be home to a well-known restaurant in town and is paid off f...
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Experienced landlords: In the process of ordering replacement carpets for a couple of SFH's I'm purchasing to buy and hold. Getting so many conflicting opinions from carpet stores, installers and carpet cleaners on t...
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I am sending a pay or quit notice by certified mail and a second copy by first class mail. Should I get a return receipt on the certified mail? Without it I would still have the online information from the USPS that i...
hey canadian investors, quick question: me and a guy i know who is a canadian citizen but not currently a resident are planning to acquire some rentals in quebec, canada, to generate some cashflow. we plan to split th...
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I plan on moving and keeping my current residence as a rental.
It is time to replace the carpet and I am wondering if I should just put cheap carpet back in it or put in cheap laminate, as I believe laminate would hol...
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I am looking at deals tonight and see tons of 2B/1B SFH properties that provide a solid return and I felt 3B/1B properties may be more attractive to a long term tenant. Does anyone have any insight on which they prefe...