Hello everyone, 31 years old here. I inherited my parents’ paid-off home at 26, lived in it a few more years, and a year ago I got married and bought a house closer to my wife’s work. Now that we’ve had a baby, I am going to rent my old house out. I already have my first tenant lined up and am do...
Inherited a 3/2 single-family property in rural Mississippi that is approximately 90% complete. Remaining work: ~ $20,000 Back property taxes: ~ $6,500 Family loan ($10,000) can be repaid at closing Estimated finished value: realistically $120,000–$140,000 (not assuming top-end pricing). We belie...
I'm not sure if anyone else has experienced a terrible property management company in the Jackson MS area, but I have had some of the absolute worst experiences that you can imagine! No contact, waiting weeks or months to report damages and even longer to get them fixed, no urgency to lease to an...
If you owned your home outright and wanted to put that equity to work what steps would you take to maximize return on investment?