Raul Cesar cortes
12 years until my son goes off to college
19 November 2018 | 12 replies
@Sam hate to admit it, but i been using same model for 10 years. i purchase 2-4 unit buildings in need of work with low rents and bad management. i raise rents to market value deal with turn over and usually sell to a bay area investor who thinks we are all rookies in the valley. :)
Jeremy Bloom
1/2 Electric in rental unit is out and can't get it fixed!
14 December 2018 | 17 replies
Going up through walls is easy, often just 2 small holes in the wall, one to drill the plate and and one for the cat, the cross piece between studs usually halfway up a wall. fishing in the direction of the joists is easy, going across them can be done with small holes spanning the joist, notching it for the cable, and then put a steel plate over it.Given that your problem unit is ground floor, it's likely you can fish up from the basement very easily for outlets using "old work" steel boxes, plastic boxes don't work with plaster on lath, it's too thick.
Wiley D'Spain
Real Estate License
3 December 2018 | 17 replies
With every positive there is a negative so don’t let the negative hold you back, just figure out what the positive of that is and focus on that!
Michael Ablan
End of year summary: Successes, failures and a mobile home park
18 January 2019 | 5 replies
However, as usual, we ran into the unforseen and the project went over budget, and the timeline was extended.
Jess White
What is your favorite way to accept rent from tenants?
21 November 2018 | 165 replies
As others have said, it usually takes about 5 days for a Cozy payment to hit my bank account, but one month the tenant paid by credit card and it was in my account the next day.
Alan Bosca
Tenant leaving - how to avoid being stuck with HOA fines
4 December 2018 | 17 replies
Usually, the meeting to decide the fine can be anywhere from 10-90 days.Most governing documents have a minimum number of days a homeowner must be notified but not a maximum.
Michael A. Warner
Planning to start a coffee business
19 November 2018 | 9 replies
Usually, commercial espresso machines cost $6000 and, I will need another $5000 to invest in property and furnishing.
Chad Michael
How often should I mail to Pre-foreclosures
25 November 2018 | 2 replies
people in default have already gotten many many letters from their creditors and now there will be many many letters from individuals trying to buy their home.If they wanted to sell it they would put it on the market .. these particular folks usually wait till the last minute to make a decision or in many cases have no real equity so its not a deal anyway.. while you can try these I think you will find the return by just sending out mailers will be pretty low. these are bought by door knocking and establishing reporte' at least that's our experience of doing this for a few decades.
Colton Taylor
Best way to meet contacts in Little Rock AR area?
19 November 2018 | 5 replies
All of the above, plus you might want to check Meetup for info about the Self Directed Investors meeting, which usually involves REI to some extent.
John Bull
How much does credit score matter when starting out?
18 November 2018 | 3 replies
I had negative income in taxes and sub 700 credit and was financing $1m deals all day long.