Investors buying their upteenth rental,   pricing newly married locals out of their first home as they return to their mans  in the Hamptons.  

I've a duplex which is newly painted and repaired two months ago but it is still empty.

In a prior life I worked at the private equity firm that sponsored the largest private owner-operator of single-family rental homes in the US (bonus points if you can guess) and was part of the team that launched an REO servicing business under a sister-company.

¨since you enjoyed your last stay with us in Joshua Tree, I wanted to reach out to you and let you know that we recently launched our second project in JT and we are excited to say it's even better than Prop 1. 

Hey guys, I would really like some advice on how to successfully challenge an appraisal...the guy was comparing my newly renovated property with gutted ones!

let me tell you one example - I bought this rental in 2021 for $110K, totally renovated with tenant paying $1700/mo.the mortgage was $88K and seller credited sec deposit etc, so I paid st closing only $18K.tenant stop paying, get evicted, I changed the roof (I factored it in the price - it was old), few other things and rented at reasonable $1500/mo.my PI=$426/mo, TI=302/mo and tenants were my old tenants who rented from me before - they like newly updated houses.now, if I sell the house now, the price is at least $150-160k - and it was bought in November 2021 with 4.125% APR ….off course, it doesn’t make sense to sell the cash cow - but if I do, I’ll pay capital gains from $40K,other taxes - after I’m getting cash flow at least $700/mo and tenants pay down my mortgage.if you buy in Midwest for $250K - it’s already doomed deal….what kind of cash flow you’ll get?

The attached bathroom has newly surfaced sink with luxurious styled oversized mirror complete with a rainfall shower head.

* What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuits* How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?

I've spoken to a few borrowers who have mentioned "Civic 2.0" is launching 09/01 - with 80% cash out LTVs.

What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuitsHow familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?