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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...
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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...
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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...
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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...
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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...
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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...
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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...
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Perhaps this is a better topic for a blog post, and perhaps I'll do that. But - is there a bubble or isn't there? Should we keep buying, or shouldn't we?On one hand, prices are outpacing income growth. On the other ha...
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I house hacked by the room for 4 years. As a landlord I’ve had some situations I never thought I would experience.I would like to know the crazy stories of others. I definitely have improved a lot my screening process...
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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!!