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Results (10,000+)
Eric Maxwell 1st time landlord
9 January 2025 | 1 reply
I wasn’t prepared to lose so much of my savings as carrying cost basically I paid for the tenants to live there for 3 months + my own living expenses in that time.
Eyal Goren Is Subto legal?
14 January 2025 | 23 replies
The lender at that point can exercise the Due On Sale and it becomes a problem for the subto buyer, who now has to find new financing or lose the house to foreclosure.
Greg Grisez Tenant shot & in the hospital
11 January 2025 | 18 replies
Sad truth of our current legal system, but if you go through the eviction process and he loses all this stuff, you are in the clear. 
Kiley Costa Pay Off STR or Invest in Another Property?
11 January 2025 | 9 replies
As long as you don't lose money. 
Nate McCarthy How to approach landlord about buying their rental?
13 January 2025 | 12 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.
Samuel Kim Real estate professional status 750 hours doable?
31 January 2025 | 27 replies
If you have high W2 income, the amount your STR makes (or loses) will be peanuts compared to the tax savings.
Rene Hosman What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
You have some people in here who are cool with and celebrate losing over $1,000 a month.
Justin Smith noise complaints - couple fighting - NEED ADVISE
2 January 2025 | 10 replies
Without evidence, it's hard to say.First, you should educate all of your tenants to report excessive noise to the police.
Matthew Steele Lost lease, tenant issue
4 January 2025 | 11 replies
When you have a duplex and tenants on both sides stay for ten years, it almost guarantees that something isn't right.I would study your market and determine the value of your rental, because I bet you are losing money every month.
Jadan Williams Need advice on what to do with Up to 200K
30 January 2025 | 19 replies
You lose all of the control and these are long term investments - but in my experience the returns match what I had on the active real estate and I am hiring professionals to manage the assets.