Randall King
Sell or hold?
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!
Tiffy W.
Do you suggest renting PO Box to collect rent?
1 January 2025 | 32 replies
Originally posted by @Mark Whittlesey: I would get a UPS Store (or similar) box instead of a PO Box.It costs more but is much more flexible (is an actual physical address, can receive UPS and FedEx etc.)I had a PO Box for a while and got rid of it for exactly those reasons.
Bruce Woodruff
Thoughts on the California fire repercussions
22 January 2025 | 17 replies
And it's not only the homes, you also have to fortify your grocery stores, schools and anything else.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
I have to sell it, but guess who has to request the payoff amount from the lender….thats right, the ORIGINAL borrower.
Alex Hymanson
Self-Storage Opportunity - requesting guidance
3 January 2025 | 7 replies
@Alex Hymanson you should read the book...Storing Up Profits.
Mayer M.
Real Estate Professional Status/Time Tracking
5 January 2025 | 80 replies
REPSTracker on the App Store
Jonathan Baptiste
What I learned after 1 year of house hacking
17 January 2025 | 11 replies
You’ll thank me when eviction drama hits, or turnover costs come calling.Fines = Behavior TrainingSometimes, tenants behave worse than toddlers at a candy store.
Lorenzo L.
Buying my first property (NEED ADVICE)
15 January 2025 | 39 replies
That way when a deal is brought to you, you know the seller actually wants to sell.
Jonathan S.
Passive Real Estate Investing
15 January 2025 | 10 replies
This is the same process a national retail store chains use to determine store locations and what to stock.
Thanh Lu
For owners, self management vs hiring a vacation rental company?
22 January 2025 | 16 replies
So by spending $42k I collected an additional $75k over 5 years, and then sold the furniture through a consignment store collecting $8k as my share.