Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
I was honest about my inability to do the deal with a normal 20% down(probably could have but didn’t want to) but if the seller could carry 10% I had enough cash ready and could close within 60 days.
William Vreeland
Section 8 Indianapolis
21 December 2024 | 6 replies
Investors normally get there payments on time, most of the tenants stay for long periods of time because if they move it is a hassle for them, and since section 8 requires that the property stay in certain condition it will help keep the maintenance costs down.
Christian Pichardo
New Investor in TROUBLE - Carrying costs since April 2024
27 December 2024 | 34 replies
9) No tenant after 4 weeks: During Nov-Jan this is normal!
Shaylynn O'Leary
Advice: New Investor/Small but Mighty Portfolio/ Long Term Game Plan
21 December 2024 | 20 replies
I understand being in high cost market and it being difficult to buy but the "cash flow on paper" inexpensive markets is a gamble.
Randall King
Sell or hold?
23 December 2024 | 7 replies
i.e. longer than normal vacancy, bad tenant screening, poor maintenance, skipped rent payments, etc.There could be a handful of reasons why it lost it's ability to cash flow.
Luka Jozic
Experience of OOS investing in Cleveland after 1.5 years.
29 January 2025 | 107 replies
Normal residential BRRRR just seems very difficult right now, but I also don't wanna put 25% down on every property I buy.
Josh Holley
Seller won’t return EM
31 December 2024 | 97 replies
But like I think I mentioned in some other states ( I have not been in one in Ohio yet) the boiler plate of the MLS / board of realtor contracts normally call for mandatory non binding mediation.
Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
It is very much case-by-case and requires understanding of the current regime for personal itemized deductions, as well as gambling on the proposed changes to this regime by the current administration.
Michelle Hardy
Should I give my tenant a heads up before sending a 30 day vacate letter?
20 December 2024 | 4 replies
Being a normal person and giving someone a heads up has not bit me, yet.In addition to what the law requires, I always shoot the tenant a heads up either via text, call, or email.If they are mostly responding to email, then shoot them an email.Emojis and gifs work wonders in today's day in age.
Chris Olandese
Tenant threatened to move out
18 December 2024 | 13 replies
Wait until the move-out date and confirm she's gone, then handle turnover like normal.