Tom Lafferty
Just bought a 78 unit disaster...
We just purchased a 78 unit property in the DFW area that had horrible management, tons of deferred maintenance, and 25 vacant units..... hope I don't regret it! Thought it might be interesting to those looking at mu...
Sherrie P.
Should I Pay Cash, Sell Stocks or Pass on this Real Estate Deal?
I am considering buying a beach condo. Our family will probably enjoy it a couple weeks out of the year. (when we don't have paying customers).
Most of our money is tied up in Mutal Funds. If we buy the pro...
Nancy Curran
Dilemma: Should I let commercial tenant expand?
6 unit, 1 commercial space, 5 apartments. 3 units in front, 3 in back. The commercial space is rented to a restaurant on the first floor. Owner of restaurant wants to break through to the apartment in the back of his ...
Don Konipol
Why I don’t invest in STR
The reason I don’t invest in or use my rentals as STR anymore is that if I pay a property manager 30-35% then my return is the same as a LTR so since I won’t self manage I might as well just invest in LTR.
Has anyone...
Joshua Hardy
Property owners dispute need advice on denying my neighbor rezone
Warning, Wall of Text. Too Long Didn't Read: I own a half acre lot which is an island inside of a 23 acre parcel. My neighbor is trying to rezone 3 acres for his HVAC business as storage which his employees would go ...
Ben Leybovich
Depreciation is Real - Don't get Caught Like I Did!
Took a call yesterday from a local investor. She is looking to "unload" some units. The problem - she wants above market prices...:)And here's how this happens:She owns a PIG. Translation - a building similar to the o...
Emmanuel N Okafor
Extra eyes needed on a 46 unit apartment deal I am analyzing
Hello,I am trying to buy my first apartment complex. I currently own 11 single family rental properties. I did an interest-only cash out refinance last month and pulled out $914,000 that I want to use to buy an apartm...
Jack B.
Can I retire like this? (3.2 million net worth)
Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...
Bastian Kneuse
Septic System - Deal Breaker?
I am looking at a SFH in a new sub division that is a little bit remote, but continues to grow. As a result, all properties there have septic systems. The house i am interested in was build in 2007. I have no experien...
Christopher Tom
Buying a home with an ex to pass on to our children
Hello, so I've been talking with my kids mom about purchasing a home, with the intent on passing it down to our children. I'm not sure if this is a thing that people do, but I figured that I would ask. Would we just...