24 July 2010 | 2 replies
I hope this is foreshadowing of more to come.My tenants are still moving out much too frequently, but the last two vacancies have filled before the old tenant is out.I had over 100 phone calls on the last vacancy.

23 August 2012 | 10 replies
I'm not a big fan of ARM because I worry about what will happen to my rental portfolio when rates start going up down the line.I don't understand how investors are getting conventional loans for multiple rental properties?

17 February 2012 | 8 replies
All REIAs are different and frequently they will be "sell a thons" with a guru trying to sell you a program.

1 March 2012 | 5 replies
Agents, contractors, tenants, property managers (this probably happens more frequently) and title companies screw up.

13 March 2012 | 23 replies
In the bathrooms I add a 3" strip of mosaics at eye level in the shower stalls.I'm not a huge fan of mosaics, but it's not about what I like - it's what gets the buyers the emotional attachment to write an offer!

27 March 2012 | 4 replies
We pay cash at auction and are frequently trying to sell to a buyer with FHA inside of 90 days so we run into this issue frequentlyHUD waived the FHA day day anti flipping rule a couple of years ago and keep rr-waiving the rule each year.
30 August 2012 | 65 replies
I am not a dire hard fan of Tax Free Retirement by Patrick Kelly instead I have a great deal of respect for the teachings and planning behind "LEAP".

5 February 2013 | 15 replies
I'm a fan of using actual costs in your analysis, as opposed to using the 70% rule (which is fine as a first pass, but shouldn't be used for formal analysis).Here's an article I wrote on this topic a couple years ago:http://www.biggerpockets.com/renewsblog/2010/03/17/calculating-fixed-costs-flip-rehab-wholesale-real-estate-deal/There's also a link in that article to another one where I discuss the overall analysis of a project.

4 March 2013 | 4 replies
I purchased five ceiling fans and four faucets for 300 .00top shelf stufflike the hampton bay mercer 52 and price pfister hunter kohler.apparently home depot puts a lot of returns on pallets and auctions them off.some items are fine and intactjust the box is shabby others are missing a piece that can be ordered.like one ceiling actually had a missing slot for the bladeI had to cut a slot with my multi max. but the other fans were fine just a broken globe which could be ordered for about 20.00the fan cost me 20.00 and retails for 169.00 so I think I did ok.the faucets were fine nothing missinggot a price pfister shower body for 30.00check your your flea markets you may be surprised what you come up with.

16 April 2013 | 48 replies
once a week or however frequent needed dump it for free or pay maint man to do it.