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Results (124)
Jack B. Found a property in LV but worried about peak
9 September 2021 | 103 replies

This house barely cash flows. I worry about it being near the peak especially in LV due to the looming recession. With 85k involved in closing, it isn't an ideal time to buy if the market turns against me and I can bu...

Jeremy Namen Neighborhood Revival
17 October 2012 | 55 replies

Hello All! My name is jeremy, and im a relatively new member of this greatly appreciated and informative site. Im thinking that ill be able to get some good advice and/or info on implementing an idea that ive had for ...

Karen F. Class C landlords - better build up some cash reserves
26 March 2020 | 49 replies

To any LLs who rent to people who are working class but pay their own, unsubsidized rent: be advised that you should build up some cash reserves.  New England Journal of Medicine just published a case report of the di...

Jen L. What's your avg move-out reno cost? Still cash flowing?
1 May 2017 | 74 replies

Hi investors,My first tenant moved out after 7 years and it is costing me $7-8k to fix!  What's your average move-out reno cost?  And how many years of cash flow is it wiping out?  This is my first move-out and I"m fi...

Shannon Reynolds Fraud or no?
25 August 2024 | 57 replies

My property in MD is turning over to a new tenant. My PM sent me a quote that gave me a small heart attack. Upon further inspection, I quickly recognized that the times they were allocating for various tasks were gros...

Minna Reid Upcoming Housing Crash?
14 May 2022 | 94 replies

I ran into this video which mirrors a lot of my thoughts about what's about to happen. IMO I think it will take a little longer then he predicts, but otherwise this seems spot on. Thoughts?https://youtu.be/ZFXObY99bXg...

Barbara G. DIARY OF OUR FIRST BRRRR IN OUR REAL ESTATE LIFE
21 March 2017 | 90 replies

Well here we are closing today on our First BRRRR.   We got it for $72,000 and it needs approx $25,000 worth of renovation and we think it will rent for $950.00 for each 2 bedroom i bath and garage.  This is our 3rd d...

Cal C. How my 5-7 year plan went to .... Why not to count on appreciation. Response to podcast 103
8 January 2015 | 82 replies

I was just listening to Elizabeth Colegrove on podcast 103.  She is obviously a very bright investor who is currently doing what I call the W.E.B. Griffin RE investing strategy.  Basically, buying a house at every dut...

Davon Lowery I AIN'T PAY'N!! Ahhh the joys of landlording
7 August 2015 | 80 replies

I had the property manager send a friendly reminder, reminding tenants that rent is due on the 1st. Tenant 1, paid no problemo. Now on the other hand the other tenant states, "I get a three day grace period by law!!!"...

Jim K. Found $873K, need help investing it
30 July 2020 | 154 replies

Bought a teardown at a tax auction, went in and knocked a hole in one of the kitchen walls, found three stud bays filled with plastic-wrapped used bills, mostly twenties but lots of fifties, hundreds. $873K total. The...