Mark Tomes
What don't I know going in to a 6 plex?
Let me get this out of the way first, I have never considered purchasing a multifamily. I own one single family that I have been renting out for 4 years, and just closed on my second property 2 weeks ago. Multifamil...
Lloyd Segal
Economic Update (August 31 - September 4, 2020)
Economic Update
(Monday, August 31, 2020)
The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the good news for real estate...
Cameron York
Forclosures on non performing notes and its process?
I know that every situation is different regarding who the borrower is and the foreclosure regulations regarding the location, but I was wondering how often it happens and how the process usually pans out when purchas...
Sandy Uhlmann
Do I need a 1-800 number if I plan to work out my own notes?
I recently purchased some non-performing notes. I was wondering if a 1-800 number was an absolute requirement or if I can just have a dedicated phone number for borrower contact? Of course, I recognize that the 1-80...
Kincaid Ryken
Important Books To Read Before My First Deal
Are there any “need to read” books that you would suggest I read before making my first deal? I have some time before my first deal as I’m only a senior in high school but Ive always taken interest in real estate and ...
Ryan Billingsley
What is Your Policy on Renting to Tenants with Dogs?
We are closing on our first two rental properties next week. They are turn key ready to rent properties. We have a few potential renters already. One is a young couple with a dog. I have dogs myself and know that ...
Brendan Chisholm
What I learned from my first unsuccessful apartment closing
Since the end of 2018, I have been fully immersed into learning the ins and outs of apartment investing. I have consumed vast amounts of content ranging from books, periodicals, newsletters, while also listening to ov...
Elena Koyun
Tenant complained about damages after repair
We have installed a new window in our tenant's apartment. Tenant sent us the following email "We would like to address an incident resulting from the window installation. We noticed today that some of our property was...
Nick Coons
Positive Cash Flow in Hot Market
I'm working on BRRRR, in the Phoenix area, which is appreciating like crazy. Rents are going up too, but not nearly to the same degree (which is what we'd expect). So the issue I'm having is something that I'm sure ot...
Todd S.
My financing strategy
I wanted to get the community's thoughts on my financing strategy. It is as follows:
-Getting a $25,000 home equity loan through credit union.
-$25,000 loan will be used for money down on hard money loan.
-Hard mon...