Kyle Kline
How do you fund property repairs/expenses if you are “investing for equity”?
13 December 2024 | 35 replies
Now with 29 SFR, I don’t need much in emergency $ because the rentals generate 19k/month profit.
Melanie P.
WARNING - Justin Goodin is Operating as Goodin Development
23 January 2025 | 30 replies
Meanwhile, others who had boiler rooms, or several of you (money bundlers - aka "fall guys") will emerge unscathed.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
Have both a personal and REI emergency fund because life happens.
Willard Moshenek
FHA Loans Refinancing
15 December 2024 | 3 replies
I would like to keep part of it for any unexpected expenses/emergencies I may find.
Richard Gann
3 Factors to Consider in Exchanging Your Oregon Rental Property
16 December 2024 | 1 reply
In each category, note how much you are bothered or stressed on a 1 to 5 scale, with 1 = not bothered at all and 5 = stressed out: Pain Points Stress1 to 5 Pain Points Stress1 to 5 Unit turnover Exterior maintenance Advertising for available units Deferred capital expenditures Tenant screening rules Plumbing or electrical emergencies Tenant selection / discrimination rules Mortgage payments Documenting move-in conditions Bookkeeping and bill paying Documenting ongoing conditions Taxes and insurance premiums Dealing with tenant complaints Risk of late payments or non-payments Dealing with neighbor complaints Risk of property damage or vandalism Mold, termites and rodents Premises liability Interior maintenance Evicting tenants If your completed table has mostly 1s and 2s, then congratulations—you are a happy landlord!
Kent Ford
"Texas vs. the Rest: Is the Lone Star State Still the Best Place to Invest in RE
13 December 2024 | 7 replies
Cost of Living and Affordability: Texas has been known for its affordability—how does it compare to other emerging states like Tennessee, Florida, or North Carolina?
Chris Kelly
Tenant smoking weed but can't prove it
25 December 2024 | 28 replies
Tell the tenant (assuming you smell the skunk weed) they have 30 days to get out of Dodge.BTW, if the don't open the door, use your key and enter because you feel there is a possible fire emergency inside.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
She did not know why the renewal had not gone through, but noted that the property was delinquent on its property taxes.In the letter from RAD threatening eviction, which Anderson shared with The Inquirer, the company encouraged her to register for help from the city’s COVID-19 Emergency Rental Assistance Program and provided a link to the program’s website.Anderson said the house had been newly renovated when she moved in in 2019, but she noticed some signs of shoddy work, like dips in the floorboards and a bathroom faucet affixed to the kitchen sink.Still, she’d had few serious maintenance complaints about the property and found RAD’s property managers to be sufficiently responsive.Deteriorating homesSlaughter, the tenant who was outbid for her West Philadelphia home by Mendenhall, wasn’t as complimentary.
Ed Lopez
Excessive "Make Ready" Costs from Property Manager
21 January 2025 | 35 replies
@Drew Sygit The verbiage in our management agreement is as follows: make, contract, and/or supervise repairs, alterations, and/or decorations to Property; to purchase supplies and pay billstherefore; Broker agrees to secure the prior approval of Owner for all expenditures estimated to be in excess of $500.00 forany one item, except monthly or recurring operating expenses and/or emergency repairs in excess of the maximum, if inthe opinion of the Broker such repairs are necessary to protect the property from damage or to maintain services to thetenants as called for in their leases; in the event that Owner is unreachable after multiple contact attempts for more thanforty-eight (48) hours to approve a repair in excess of the above amount, Broker shall be considered authorized to makesuch repair.I've been contacted about high ticket items in the past but these "make readys" are done without approval.
Guenevere F.
Hi Everyone! I’m New here & super excited!
18 December 2024 | 10 replies
I have been on the site for the past two days and already purchased two of Brandon Turner’s books as well as the Audible versions so I can just fully emerge myself into the world of real estate investing.