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29 December 2024 | 11 replies
If the rules change then sell or use for a long term rental because the home values continue to rise.
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24 December 2024 | 8 replies
Our handyman team of 2 are moving out of state after working with us for almost 18 years to start/continue their real estate investment journey in a more affordable state.
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7 January 2025 | 27 replies
I did ask that Dmitri send me some example properties that had already been sold or more information that I could use to continue my research.
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23 December 2024 | 7 replies
Hi Randall-Congratulations on buying a rental property well back in 2020.I am sorry to hear the property is now cashflow negative $200 a month.Your question is should you sell or continue to keep it with the negative cashflow.Depends on your personal goals and if being negative $200 a month plus any unexpected repairs or vacancies is affordable to you, but if you can solve the negative cashflow by turning the property into a furnished mid-term rental, for example, your future self may thank you.To Your Success!
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19 December 2024 | 3 replies
Hey Bigger Pockets community, I'm just starting out in Step 1 (get educated) on what I want to become a successful career in real estate investment.I also currently run an e-commerce business that is currently completely online, but would benefit from having a brick & mortar storefront, and I had an idea that maybe using the investment capital I'm looking to allocate into real estate into a commercial property my business can operate out of until I decide to sell the property in or rent it out to another business.I am obviously very naive when it comes to the complexity of any good real estate deal (especially commercial VS residential), but I'm hoping to spend as much time learning from everyone here who is on their journey as well.My main concern with the idea of buying commercial to operate my business out of it that I might struggle to rent it out afterwards and that there may likely be depreciation in the commercial real estate market over the next 5 years.I understand there is a lot of nuance depending on the local market but I'm guessing commercial is even less of a "safe" bet than finding a solid residential deal to leverage in some way.
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2 January 2025 | 30 replies
I think OTA competition encourages the OTAs to pay for guest damages.i continue to advocate for being listed on multiple OTAs.Best wishes
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19 December 2024 | 2 replies
It’s worth asking upfront about lease renewal fees, markups on maintenance, and early termination penalties.Finally, a quick personal anecdote: A few years ago, I had a client struggling with a nightmare tenant in Mission Viejo.
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21 January 2025 | 59 replies
I’m still young and plan on continuing to put all my money in real estate for the next 10-15 years.
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16 December 2024 | 8 replies
It can be a struggle to find those who offer adequate service, price, and quality.
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30 December 2024 | 5 replies
Tenant took photos and videos but nothing detailed - a single shot or two of a room from the entrance, so is saying fridge was fine, normal wear etc Next - If we are being nice and deducting ‘portions’ of the charges and tenant continues to grind away, or this goes to court, do the compromise and smaller amounts offered negate the full amounts that could have been charged