
10 July 2015 | 4 replies
I hope to maintain a comfortable lifestyle going forward with these investment and be able to fully retire at the age of 46.If anyone has some recommended resources in the area (REIA meetings, groups, etc) I would love to hear them.

10 July 2015 | 6 replies
I feel like maintaining an abundance mindset requires applying a consistent philosophy.

20 July 2015 | 24 replies
A borrower must maintain the proper liquidity and cash flow to service debts, so leverage has to be managed.

14 August 2015 | 10 replies
Thanks to everyone for the responses.I agree that not showing the house was not optimal but in the situation I didn't have a choice.

27 July 2017 | 24 replies
I want to show understanding but also make sure I maintain the pressure to get the money in.

1 August 2017 | 32 replies
A well maintained, C/C+ neighborhood with fair taxes, most likely a yes.

29 July 2017 | 4 replies
If your concern is that the tenants will know who you are, consider the cost of property management vs. the fees associated w/ registering and maintaining an LLC or DBA.

16 August 2017 | 19 replies
the #1 thing that i have learned about real estate is that pretty much everyone you deal with is going to be hilariously greedy. this isnt my experience 100% of the time, but it is like that 99% of the time.i dont know about you, but seeing a property that is reasonably valued at $120,000 listed for $205,000 is outright ridiculous to me. all that tells me is that the owner is not in a desperate situation. most deals can only be had when the seller is downright desperate from my experience.in terms of deals ive seen hat are good in florida - i have seen absolutely zero since then EXCEPT maybe one, which was in a slightly remote location. the name of the motel is the Tangerine Inn (find it on google) in Volusian county here in florida, and i believe its a 12 unit foreclosure a few years ago that was listed for $160,000. the low price piqued my interest, and upon inspection, i saw that it was actually a doable deal, but only average. there wasnt a lot of competition nearby, but the place was very old looking and outdated. it required about $90,000 to fully renovate, and maybe $40,000 to get a few rooms up and running at first.a few weeks ago, i checked the volusia county property appraiser and saw that it sold for $60,000 in 2014 which was not bad at all. i called them and they charged a ridiculously high $80 a night for a crappy room. my guess is that they average only about a 35% occupancy rate whereas i have about a 90% i maintain throughout the whole year.besides that, every pther motel deal ive found online through sites such as loopnet were hilariously bad. $600,000 for a 10 unit motel. $950,000 for a 13 unit motel in clearwater beach.i will add more to this soon

15 September 2017 | 14 replies
If they're able to perform and maintain their tenancy, even with the occasional rent raise, then we're good.If a tenant comes in as a new tenant with a specific income, then loses their job and their income drops below our "minimum", we don't terminate their tenancy.

16 August 2017 | 6 replies
They may claim that the mold was negligent on your part as the landlord to adequately maintain the property from moisture coming in.