Okay, this is going to be quite a long overdue success story, as I should have posted it months ago, but I was recently reminded of wanting to do it when I re-read @Mehran Kamari's post about his success story fro...
One of the advantages of using private money loans is that they can be structured more favorably than an HML or bank loan. However, there are still some general rules of the road that even private lenders expect. I us...
Has anyone had a successful relationship with BongoStays for either furnishing your STR property or management of that property? Since signing a contract with them I am unable to get anyone to answer emails or phone c...
So I'm in the planning stages of a full rehab in Portland, OR. I'd like to describe the agreement that I came up with for what I believe is an equitable split for the proceeds and see what some more experienced rehab...
If I have a tenant who is month to month, can I send an addendum for them to sign that says owner is no longer responsible for repairing or replacing appliances? I am managing 15 doors from out of state and I’m lear...
Some of you have asked me to articulate how in fact I screwed up a seemingly profitable deal. This was my second property, which was my first attempt at a flip. My first property was a buy & hold, which I view a...
Hey, I'm working on a spreadsheet and I'm wondering:
Does the Net Operating Income include deducting the costs for the "big items" that happen every so often, like roofs, parking lots, etc? I mean, if I set aside 3...
So me and my Wife are familiar with buying single family homes which we have 9 of them and a duplex. I could really use some help analyzing numbers to make this work and make sure im doing this right it would be a big...
I am curious how many DIY folks here are making it work without a truck, recently i have been contemplating switching out the car for a truck as i perform more and more DIY task myself, i have been making everything w...
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...