
29 January 2019 | 23 replies
LOL.. non appreciating rentals need to be held forever or your going to be stroking a check to sell them.. unless your 1031 and for ever going to landlord.. that's a given.. you need appreciation to pay the recapture and gain from basis andif they are SFR's and you are going to retail them you need 5 to 20k to take your beat up rental and make it nice enough that a family will buy it to live in.I went through this with new construction I bought in 05 ish.. what was in style then was not when I went to sell in the last few years. as I exit my rentals tile counters NO good need slab granite.. builder grade appliances Nope need new stainless.. etc etc I would say I put 10k on average into each home to sell them.. then it took 90 180 days of them sitting there vacant then I had recapture.. so to me the juice of these is simply not worth the squeeze I would rather sell real estate have no debt and make nice fat 10 to 20k checks..

20 January 2019 | 81 replies
@Lee Bell I agree, which is why I left them there.

29 January 2019 | 3 replies
We have used him to get a judgement against a contractor that went belly up on us as well as to help with evictions and foreclosures.

28 January 2019 | 30 replies
Everyone want to know about how a leap of faith turned into a swan dive into affluence instead of a belly flop into broke.

8 November 2018 | 14 replies
Even though you snake a line, those bellies cause hell.

10 November 2018 | 13 replies
If one of you does not know how to keep criticism constructive, that's also going to make things rough (never call your spouse fat, ugly or stupid - anything else can be forgiven).

8 November 2018 | 4 replies
In some cases, homes are listed as sold for under 100K in neighborhoods where retail homes are going for 400-600k, and I'm wondering if someone just dropped a zero fat-fingering the numbers into county records or whatever other system Zillow/Trulia draws from.

9 November 2018 | 4 replies
Here's my draft list:1) Lawn maintenance - mow grass and trim back tree branches so that they're at least a few feet away from the house and HVAC systems outside2) HVAC - each HVAC unit has an electric compressor for cooling and electric forced air for heat - besides removing debris from the outside of each unit, I'm not sure if anything else is really needed (e.g. potentially clean condensate pans if they have buildup)3) Jet the sewer line - there are a few bellies in the sewer line but the tenants are not experiencing any issues as a result of that.

12 November 2018 | 5 replies
I used a 15 year am for some unknown reason (fat thumbs maybe).

13 November 2018 | 5 replies
But what would i do if the tenant went belly up?