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4 February 2017 | 52 replies
@Joel Owens @Ryan Jenks just to add to the conversation from personal experience.I have two collogues that against my council sold there perfectly good west coast multi's to try to scale up in units and go down in asset class.one bought C to probably D in Memphis rubbing their hands together at the 15 to 20 cap they were going to get.. they lost 400k in 18 months on it and could not exit quick enough.. only locals can handle those.the other sold her PDX 60 unit for a 5 cap made 700k... bought 300 unit C class in Oaklahoma city. because of the 10% cap being touted.. and after the managers and maintenance folks stole her blind guess were she had to move to. it was her entire net worth wrapped into that property.. 5 years later ( took her that long to stabilize and get decent enough books to exit for what she paid for it.) she sold moved back to PDX bought a 20 unit and condo on Maui LOL...
15 February 2017 | 12 replies
In that regard, everything has been perfect.
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1 February 2017 | 6 replies
If it doesn't move you closer to your perfect life, don't buy it.
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1 February 2017 | 3 replies
There shouldn’t be any further repairs/upgrades needed….New roof 2014, new HVAC 2014, new hot water heater 2013, new appliances 2014, new doors 2016, new bathroom 2016, septic tank line replaced and tank pumped 2016.Just looking for guidance on whether I should hold or sell….Thanks in advance!
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2 February 2017 | 2 replies
If so then I have the perfect solution for you.
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1 February 2017 | 12 replies
Perhaps what they are suggested makes perfect sense in their market but not in my market or the market being discussed.
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7 February 2017 | 5 replies
It is nice to use a single portal to post to multiple sites but the formatting on each site is less than perfect but that is the price of using the single portal.
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2 February 2017 | 15 replies
Increasing by only $25/month will help her see you're looking out for her, too, and not just yourself.Short version: I think a $25/month increase is perfectly reasonable.
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5 February 2017 | 10 replies
If you want passive cash flow for income, it might not be the perfect deal, but if you want to make a couple bucks and wait on appreciation and debt paydown, it could be a good deal.
2 March 2017 | 18 replies
One of the things that can tank your budget quick, fast and in a hurry are mechanical or plumbing issues.