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13 March 2020 | 9 replies
You can literally transfer the funds to your checking account and gamble it all away.
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30 November 2020 | 435 replies
I have been going to LV for 20+ years to gamble and party.
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4 April 2020 | 6 replies
I'm also in LA and would love a referral to a GC once you've chosen one!
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28 March 2020 | 9 replies
It’s kind of a gamble but I guess you can make an educated bet based on the market, supply/demand, and the quality of management.If you didn’t do that then I do think they’re due back their deposit.On the positive side, it sounds like you have a nice property in a popular area if it rented that quick..Best of luck!
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13 March 2020 | 2 replies
If you've chosen a solid market, know your cost to hold/maintain, know the market demand and resale history - let the self-doubt go.
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19 March 2020 | 3 replies
In an effort to provide some information for long term buy and hold investors to be more prepared, please see below:Happening Nationally:Tenants have refused to leave at the end of their lease siting uncertainty and high risk of virus.Tenants (apparently even with strong renter history) are stating the virus has impacted their income and are not able to pay rent, are asking for lenience.Vendors are less responsive to non-emergent maintenance due to fear of employees becoming sick.Property Managers have chosen to be less responsive to non-urgent maintenance requests from tenants to keep their team safe, similar to vendors.Showings have decreased or have been cancelled due to the fear of being in public buildings or other people’s homes, which might impact vacancy if this is longer term.Occupied unit showings have ceased for the protection of the tenant in place, the showing agent, and the prospective tenant.Some management offices are closing and requesting rent be paid in a different manner than visiting the office.Occupied unit inspections have been paused, unless deemed emergent.Be Prepared:Think through how you will handle some of these situations in advance and write our a process for it.Handle them consistently and do not favor one tenant over another.Be proactive and prepared so you can act unemotionally and with fairness for all.Be a Leader:Now is the time to show your team (vendors and tenants) that you value their health as much as you do your own.
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17 March 2020 | 3 replies
Horrible timing for us to decide to really step up the investment game and gambling on REI for me and my wife!
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22 March 2020 | 19 replies
I am glad to have chosen mainly REI instead of dumping a bunch of money in the stock market my money there has not fared well.
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14 April 2020 | 160 replies
Many landlords I've spoken with (and respect) have chosen to send a proactive email!
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14 May 2020 | 13 replies
I may have gotten a slightly better deal had I gambled but It’s not worth the risk of not refinancing earlier.