Josh V.
Cost to replace kitchen faucet?
One of my rental properties in Kansas City is managed by a property manager. My recent monthly owner statement included a $443 charge for replacing a kitchen faucet. Seemed excessive to me so I got a breakdown of th...
Account Closed
Strategies for Self-Managing STR's
I'd like to compile a resource of strategies on self-managing STR's to maximize profits. I'm doing a lot of research currently but it's all over the place and as expected, very regional. So more than looking for any s...
Peter Prawel
How do you KNOW your lender isn't going to buy your find?
I was wondering if any of you have had doubts in sharing your candidate property address and price? If it's a sweet deal, then they could just delay your proposal and jump on the phone....
Maybe it's just me. I felt...
Martin Saenz
Note Investing - Goal Setting
I used Bill Bartmann's 9-Step Goal Setting plan he wrote about in 'Secret's to Success.' What is interesting is that the 9th step is 'Taking Action.' This is where most folks drop off when looking to become note inv...
Martin W.
How to run the numbers on a low rental rate property?
Hi all,I'm practicing by running numbers on a diversity of potential properties. When I run my numbers on SFHs with rents >= $900/month my cashflow ends up >$100/month, but when I go down to around $700/month th...
Zain B.
Contractor taking me for a ride. Need help from exp Investor ASAP
I need some advice dealing with a contractor. I have started renovation on my Maryland property and I hired a contractor. We mutually agreed for him to charge $11,500 for his labor. I would provide all materials a...
Dalton Foote
QOTD: How did you get to where you are today?
How did you all get to where you are today in real estate? Was it through building a business, working a 9-5 job (and in what), jumping right in and using other people’s money, etc? If you haven’t invested yet but you...
Danielle Ratto
Tenant child tested positive for lead poisoning in our property
Hello,My tenant just let us know that her son (11 months) just tested positive for lead poisoning. We also live there and just had a baby 5 months ago and she advised us that we need to get our son tested ASAP (it is ...
Todd Magin
Strategies for using a Self-Directed IRA
The way I see it, there are basically two ways to use an IRA to finance investments:1) Have the IRA "buy" the property and ALL income and expenses are paid to/from the IRA. If financing is used in the purchase of t...
Scott Rudd
REALISTIC EXPECTATIONS
Hi Everyone,I'm new on here and trying to learn as much as possible. I have finally decided that I'd like to start building a passive income - this has led me to the idea of buy and hold Rental properties as the sto...