
19 September 2024 | 44 replies
A market can remain strong and an assets performance goes to hell simply from suffering the ravages of time and cap-x.

16 September 2024 | 13 replies
People say agents are good at negotiating, but in most cases that’s simply not true, in fact pretty much every deal I’ve ever done, I’ve been able to save 10-15k through just simply out negotiating the other party, most agents just want to get to the finish, not go to bat for their client over 5-10k.

16 September 2024 | 10 replies
Let's say your inspection comes back and identifies some matters that concern you, but your neighbor feels are inconsequential.

16 September 2024 | 7 replies
If you decide to go with it, understand that you're taking some risk.And, speaking of risk, the main risk is the IRS focusing on this strategy at some point and identifying it among "abusive tax strategies" as they did, for example, with notorious conservation easements.

15 September 2024 | 7 replies
Just wanted to let you know simply being a veteran may not be the best thing to deny a tenant.

18 September 2024 | 21 replies
As for your tiny home photo, I'm simply not a fan of that design.
17 September 2024 | 3 replies
I am doing this completely remotely, which has been a massive pain/lesson learned (topic for another day).I signed a very high-level agreement (i.e. expectations simply say "drywall and paint") with him for drywall and paint work at my home for a total of $10KI have paid $5K as a down payment as well as ~$2K in materials over time, as neededThere have been multiple break-in's in the home, and he has done me favors of working with the police, and boarding things up.
16 September 2024 | 9 replies
Look at price/rent ratios to identify if the property is a high cash-flow market.

17 September 2024 | 22 replies
Reminder too that once you get more properties under your belt and begin having a bigger real estate investor portfolio your file begins to get more complicated and even a simply loan like DSCR sometimes may ask to prove other items.
16 September 2024 | 13 replies
Simply tell him he can: do it himself as per the rent or hire someone at his expense or have it included in the higher rent...or he can move once his lease is up.If it is weeds, then he should be pulling those so they don't grow.