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Results (10,000+)
Carmen Assang Tenant asked me to pay her first month rent to move out
17 September 2024 | 38 replies
I would think that with an eviction or even the start of an eviction process that would severely negatively impact her ability to get a new lease.
Bradley Hendrix Going from -50K to 1 million
13 September 2024 | 7 replies
It took about 6 months of which I did the majority of the work but I was able to turn it into a 3bed 2bath house and sold it for $140,000.00 and a nice $50,000.00 profit.Now I was hooked on distressed properties but had decided I didn't much like the selling aspect of it.
Gp G. Selling property and 1031 exchange
13 September 2024 | 10 replies
Its complicated and if you violate any of the IRS guidelines it will negate the 1031. 
Sharon Patterson Unexpected repair issues
11 September 2024 | 8 replies
@Sharon Patterson, any rehab is a "project" and basic project management principles state that there are 3 key interrelated aspects to all projects: time, scope, and cost.
Solen Kebede Moving out of my House Hacking home
12 September 2024 | 8 replies
I'd think if you had a cleaner come in to handle that aspect and then used an app to manage the leases and things you'd be in pretty good shape.  
Ivana Ivanovic Help me figure out if I am crazy or...
18 September 2024 | 35 replies
i don't think that's the case right now.I think turnkey is a good option if you have significant liquid capital, want to buy in a solid market in a solid area, couldn't care less about cash flow for 10+ years and are even willing to be negative, and are willing to pay for repairs and capex without batting an eye. 
Ben Oestrike HML for Sheriff's Sale
11 September 2024 | 8 replies
Also, many properties are still occupied which is another huge negative
Tim Phillips Advice on buying my first rental
14 September 2024 | 12 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Poonam Barad Anyone done mentorship bootcamp offered by Richard Garcia? Any reviews/feedback?
16 September 2024 | 35 replies
hey Joe, happy new year :) He is mostly into multifamily rental properties, so he focuses more into that but also covers other aspects of real estate.
Jay Moore Recommendations and Advice on Landlord Insurance
11 September 2024 | 1 reply
Are there specific aspects that are unique to rental properties?