Elijah White
Repairs are killing me!
Hello all, I have two rental properties in Wichita, KS; both are single family homes that should cash flow around $250 per month but the repairs and fixes that I have had to do over the past six months (and especially...
Chris Lopez
Denver Coronavirus updates and Q&A
Over the last week (man how fast the world can change!) I've had clients and fellow investors and agents reach out to ask questions on the market. I share what I know and often learn tidbits from them.
It's been a gr...
Roy Mitle
Renter demand laundry and dinner payment because appliances broke
I have property in san jose.The washer stopped working. We sent a repairman within a few days. Repair guy diagnosed said have to replace washer. The next day renter mentioned fridge stopped worked. Had to send repairm...
Edward Brewington
Charge $99 for service fee for doing nothing!
I recently had my rental property thoroughly remodeled w/ my property management in charge.They took a month to get a tenant. When they got a new tenant he reported the heater did not work. He had no hot water. The pr...
Max T.
Am I the mean landlord?
First situation: Apartment was advertised at $1400 for a 2 bed/1 bath house. Prospective tenants had 2 pets and we agreed to increase rent to $1430 (15/pet). Lease was written up with the 2 pets allowed and the rent s...
Jerome Keizer
Tenant Impacted by Government Shutdown
Context:I have a single tenant in Hawaii who is in the National Guard and has been impacted by the government shutdown. The tenant has been a great tenant, and has paid in full and on time since moving into the unit....
Peter Vekselman
Success Rate in Real Estate...Shockingly Low
If you had to guess, what is the success rate in real estate investing? Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...
Shiloh Lundahl
At what point in time does a college education not make sense?
There is an economic term called diminishing marginal rate of return. Meaning for every one more unit sold the benefit becomes less and less. With the rise in college tuition costs and the strong emergence of availabi...
Scott Goulet
When do your rentals typically start making money/making sense?
Hi everyone! I'd like to say in a fairly experienced investor, still a newbie at heart though. I have 8 doors over 3 properties. 1 specific property, I purchased in 2019 and in 2019 I took a net $9k loss, and in 2020 ...
James E.
It's 2018... someone tell my why these are still thing
Can someone please explain to me how, in 2018, we haven't come up with a better process for:1. The real estate title systemBetween title searches and title insurance - the real estate title system is a $15 BILLION com...