Hello team,I acquired an 8 plex about a month ago.  The in place tenants were month to month.  We drafted a new lease with a rent increase and instructed the tenants to return the signed leases by Jan 1st.  I have one...

Flip Men on Spike TV

For those who don't know what it's about,it's about 2 men who buy properties sight unseen,rehab flip them and sell them for profit much like the earlier flip shows only difference is that they bu...

We just received loan approval on our first investment property! We still have to sign and record the transaction, but we should be closed by the middle of next week. It is a duplex that we will live in half and rent ...

I was wondering if anyone had and knowledge of the quality of instruction provided by Todd Dotson of the company Tactical Real Estate. His company provides the trainers for EWI and Ron Legrand. If anyone has any op...

Hello, I put an offer down on a duplex in Cypress Park Los Angeles. It's looking like a pretty good deal except for one huge concern that I have regarding a tenant who is occupying one of the units.  She is an older l...

Note: Link to pictures posted at the bottom.So for my first two flips, I posted a full breakdown of numbers, to include closing costs, financing costs and holding costs. However, this time around, I am a little short ...

Hello,I am finished with my first rehab and the home is now under contract. Thankfully, we will make some profit but I have learned something about contractors: they always OVERpromise, and they UNDERdeliver.In our sp...

My General Contractor that I am using on one of my rehabs has just sent me a change order for $5500 over our initial budget. In addition to that, he is telling me that I have to pay the tile guy, the electrician, and ...

This is my first experience as a landlord and really don't think I've handled it well. My first big mistake was I got to friendly with the tenants.Mistake number 2 is the first time they were late with the rent I l...

Hi all, I rented my house to a couple last week, since they moved in they keep texting on any issue they see and request and immediate fix. I went there many times during the week and addressed all issues including ca...