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Results (10,000+)
Ben Cochran Should I pull some equity to purchase an STR?
10 December 2024 | 6 replies
Hi Ben, doing this for 20 years, I’d say if you move forward, refinance your two rentals to the max they can handle under a stress test for mortgage payments.
Gary M caceres Water bill went up super high
16 December 2024 | 20 replies
Let the tenants know you are doing this, so they can hopefully not use water while you're testing things.
Henry Clark Self storage- Syndication Stress Tests
24 November 2024 | 1 reply
See the stress test above.  
Brody Veilleux “BRRRR” a primary residence
23 December 2024 | 24 replies
You’ll need to find a GC on board with the extra paperwork and a seller willing to accept a longer closing time.   
Rick M. What to do if tenant falls a month behind
25 December 2024 | 12 replies
Lastly, if he ends up failing to pay rent and is one month behind on rent, do I make him pay both months together as one payment or accept 2 different payments (one for each month)?
Danielle DeCormis Section 8 vs. Standard Lease - Pros and Cons
19 December 2024 | 5 replies
About 1/3 of their leases had to be terminated or evicted.I finally got tired of it and stopped accepting Section 8 about six years ago.
Yents Ybrimovic 203K loan new investor question
17 December 2024 | 16 replies
My 2 cents is right there with the other guy, get into something on your own first to test the waters and know what it’s like to actually buy and do some work.
Giacomo Matthew Degl'Innocenti Decency of treatment and unfair losses
26 December 2024 | 11 replies
I deserved better treatment I haven't had that's all, also here there's no help I'll accept it and figure it out by myself.
Kevin Collins REI Nation Experience
31 December 2024 | 32 replies
., etc. for example finding cash flowing investment properties which meet your ROI goal of 9% is NOT HARD heck almost every state (and likely every state) has a market which will achieve that but what does 9% mean without a dollar value if 9% is = to $200 or more okay that’s okay but if 9% means $25/mo. or alternatively if 50% ROI means $25/mo. doesn’t really matter much since although labor differs from area to area it doesn’t differ that much and also doesn’t really leave much room for error — so your minimum accepted ROI should also be couple within a minimum accepted $$ value (cash flow) and other minimums as well (i.e. min. equity, property types, property classes, etc.)Lastly as I mentioned achieving a 9% ROI is not hard and is achievable in every state; the HARDER part is to 1) achieve that AND 2) achieve 10-20% min.equity on the buy in or ARV AND 3) meeting your min. $ value AND 4) buying in a good/stable neighborhood/market AND 5) buying with some type of upside AND 6) etc. etc. etc. —- Again I’m not saying you have to do these things; it all depends what type of investor you are and what you are looking for however it is important to understand that if you shift the responsibility of either identifying the invest property or managing or any other aspect there WILL be a trade off — in this case the turnkey company has delivered on your goal of 8-9% ROI (projected... so TBC) and in return you have traded some of the other benefits of investing in RE for the convenience of not having to do much more than to look over the properties they have sent you and funding it from the comfort of your home, office, etc. ... again if this is the goal then you are on point but if the goal is to also partake in ALL of the other benefits of RE then you should understand that and not be surprised that it’s not a ‘stellar’ investment that checks all the boxes.
Jesse Valdez HELP***Week to week tenant eviction
12 January 2025 | 28 replies
I had this issue before, and I wish my agent told me to accept cashiers check instead of a personal check, and I had to resort to hiring a lawyer to scare the tenant with a letter from his office.