Mark A.
Tenant using Basement Washing Machine for Free
Hey all,I just need somewhere to brain dump.My tenant moved in about a year ago. I told her that we do not offer any washer or dryers with the unit. In the basement of my duplex, I have a washer and dryer in the basem...
J Randall
Why are real estate agent commissions so high in NYC?
Highest property prices in the nation, maybe the world. Yet commission rates are untouched. 5-6% is still standard. But how is that possible considering that'd be more than most people make in a year? $100,000 I he...
Matthew S.
Nightmare illegal gold-digger tenant - need advice please
Hi All,My 61-year old father recently signed a lease with a 40-year-old Russian woman who had recently moved to America on a tourist visa and started working illegally ((he did not find this out at the time). She move...
Marc C.
Why are we doing this again (investing in single MF properties)?
Here I sit, working a Master Lease Option on a 60-unit. It's a decent deal: $50,000 to hold it for 3 years. It's mismanaged and has upside. Needs a minimum of $300,000 to get it from a C to a B. In other words, I will...
Chris Newman
Are there any workarounds for REO "no-assign" purchase offers?
My main REI niche is newly-undervalued raw rural acreage in Snohomish county, WA, near Seattle. My general investing strategy is to "clip off" the land's surplus transferable development rights for later sale to urban...
Jake Andronico
Just met w/ a developer - housing affordability may get much worse.
Just spoke to a developer in Northern Nevada, and he made a comment that was pretty shocking to hear first hand. Apparently, local jurisdictions here are saying they want more affordable housing, but in the same sente...
Thomas Lillevold
Think twice about "Cash for Keys" to rid yourself of bad tenant
Greetings everyone,I have to inject my personal opinion here. I recently went through a bad eviction with a commercial tenant that I inherited with a building I purchased. And all during conversations about this wi...
Ashley Davis
Closing today / Tenant occupied foreclosure.. what would you do?
Hi there. Closing today on my first investment property. Bought it sight-unseen from the bank. Curious on how you would approach this situation? I will be able to knock on the door for the first time, later today!!
Yosef Fares
Diary of a newbie getting started in the Flip game- Fresno, Ca
I wanted to start this topic just in case there are any other newbies going through the same start as I am. That's just educating yourself for your first flip and trying to figure out how to the finance the first deal...
Austin B.
Need advice on "best option" for my situation
I am pretty new to real estate. Bought my first home in 2019, thankfully right before the mayhem that saw home values go to the moon. I am ready to move on from this home for various reasons. I expect to sell it for a...