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All Forum Posts by: Chelsa Connolly

Chelsa Connolly has started 1 posts and replied 2 times.

Thank you everyone for your advice. I really am going to look further into traveling professionals. My property is located central to three sizeable medical complexes that serve as regional medical for our area, East Texas. (3-5 min direct drive)

While the main house and small house share parking and a driveway, they are located on a .75 acre lot. Fencing space between the two is absolutely reasonable while leaving both with some outside space without being cramped.

I will likely speak with my insurance company tomorrow to see what they would want to protect both spaces.

Hey folks! This is my first question on here. I purchased a property for myself and my children in Sept 2020 with no knowledge of any of this real estate investing. There is the main house that me and the kids live in and behind it, is a free standing, 1 bed, 1 bath apartment. It had a tenant when I moved into the house, that turned into a nightmare. He never paid rent or utilities and ended up committing suicide about 3 months into the ordeal. 

I actually purchased the property from a friend who was an investor and he just wanted to retire. So his renter had been evicted, and the tenant in the smaller house was subleasing from the previous evicted tenant. 

So needless to say, I'm extremely anxious as to what to do with this property. I hate to see it just sitting there, unoccupied and as I'm learning through the information here. Its literally a potential income source just going to waste. 

I've even considered using it more as a vacation rental instead of long term. But I'm open to suggestions and ideas from those of you who are more experienced.