Arvin T.
Buying a multifamily in socal anyone?
Did anyone ever bought a multifamily in southern California as their first investment?
Omer S.
Problem Tenant Rent Collection
Hello, I have a problem tenant and the latest is I have a failure to pay rent judgement against them. Today is the day I can file for eviction. Last night I get a text from the tenant saying I can come pick up the r...
Joe Capobianco
Tenants pet died should I end pet fee?
Tenants have been in my rental since February with their dog and they pay $50 month extra as a pet fee. In NJ I cannot accept a pet deposit and security deposit so I decided to add the monthly pet fee. The dog died...
Bill Coleman
Need a service for tenants to pay rent electronically
I am looking for a reliable and inexpensive service that allows tenants to have rent automatically paid directly from their bank account monthly. Does anyone use a service like that? I've had Intuit recommended but it...
Matt Morgan
What happened to my $30,000 profit?
I thought I would post a recap of my first flip, a deal I thought was a slam dunk but didn't turn out to be in the end. The house directly next door, which was identical to mine, sold for $105k earlier that year and t...
Cindy McHugh
Force Placed Insurance Questions
I sold/financed a house in NC in 2011. The buyers never made a payment on time and when they got several payments behind, my attorney sent them a foreclosure notice. They filed for ch 13 bankruptcy.
The DOT states t...
Clint Harris
Short Term Rental Arbitrage analysis discussion
Short Term Rental Arbitrage analysis
This topic keeps coming up recently recently and I feel like a broken record, so thought I would post about it and share how I run an analysis on a potential arbitrage deal, and h...
Andrew Erickson
China Built Backyard Homes (SoCal)
Here is a strategy I've been working on. I have a business where I design products and have them mass produced in China. I ordered over $200k in wholesale orders last year, so I am very familiar with the whole China p...
Roy Gutierrez
Flooring
Need to make a few decisions and I still don't have my big boy pants to make them! Bought 2 houses in the city of Oak Park here in Michigan, not a high end area but definitely a nice quiet/affordable city with very...
Mark Rauch
Out of state investing
If one were to invest out of state, what would be the proper way to oversee improvements and management. In other words what should your infrastructure look like and how can you protect against property managers, con...