Ben Leybovich
Depreciation is Real - Don't get Caught Like I Did!
Took a call yesterday from a local investor. She is looking to "unload" some units. The problem - she wants above market prices...:)And here's how this happens:She owns a PIG. Translation - a building similar to the o...
Eddie Quirk
First Flip and scared to death
Well, have been looking for rental properties but now came across a home for $85,000 cash and market analysis shows should get around 155-165K so may be a good profit. Roof needs replaced, wood rot on Fascia-, needs ...
Nathan Gesner
Biggest reason for losing money?
I know: turnover is the biggest expense. But let's be more specific. Is it:1. Time sitting vacant during turnovers?2. Losses due to excessive wear-and-tear?3. Maintenance or capex?4. Expensive property management?5. M...
Shane Blackshear
BRRRR refinancing issues
I'd like to hear from anyone who attempted a BRRRR but the rehab cost were too much to refinance when you were done. If you're appraisal price didn't/won't meet the 75%-80% LTV mark. What did you do? Other than paying...
John Sonmez
Doing a 1031 exchange and looking for best options
I'm on day 2 of my 45 day period to identify a replacement property.I've sold two residential properties in Boise, Idaho and I've got a 3rd that is under contract, for a total liquid cash amount of about $550k.I've al...
Michael Germinario
Air in Boiler - Permanent Fix
Hi BP!I have a hot water gas boiler heating system that causes me problems every winter. About once a month I get a phone call that the heat isn't working correctly, not reaching the desired temperature. My solution...
Account Closed
Is it dumb to hire a PM in a red hot rental market?
Portland's rents have been rising over 10% year over year. There's a lot of political brew-ha-ha both locally and at the state level over tenant protections and increased housing costs, and local and state laws have ...
Jason Murray
Is anyone using the ACRE System
Is anyone using the ACRE system from REIN Canada? I’m looking for suggestions on where to get data to do some market research. Or even if you’re not following ACRE where are you getting your market data from? Please g...
Brendan Stratton
Keeping the Winter out
I’m curious about utility optimization. Particularly to heating. My apartment building is in Maine and is a Buy and Hold/House Hack. It is common practice for landlords in the area to include heating and hot water as...
Lindsey Torres
Discouraged...
I have been calling on ads on craig's list. The only motivated sellers that I have been able to find have run down old trailers. Definitely not "Lonnie Deals". Lonnie says that he finds homes that are no older than 20...