Nina B.
Is agreeing to rental terms considered a binding verbal contract?
A Father came to look at our rental for his newly graduated college son. I gave the Father a Rental Application as well as an Oregon Rental Application Addendum & Fee Disclosure. The Father dropped of both signed ...
Raquel Baranow
Tenant painted room, I'm scared, sad, what to do?!
I spent a lot of time fixing up a rental, did all the work myself (with a friend), I considered the paint-job a work of art, apparently the tenant didn't think so, he not only primed the walls but also the trim now I'...
Christopher Munn
Is This The New Normal?
I recently found a deal in the midwest (area where C class apartments trade between 7.5% and 11% cap rate).16 units doing about 28k in NOI. (Not very good)I own a 8 unit in the area that does about 30k NOI so this pla...
Forrest Faulconer
Investment properties are great, but let's get PERSONAL.
According to the classic Rich Dad Poor Dad, Robert Kiyosaki says your home is not an asset. This makes sense considering your home is not making you money but demanding repayment from the get-go. Appreciation is no gu...
Joffrey Long
Car You Drive ? vs. Investments You Have ?
Ok, long weekend and a little lighthearted fare:
Real estate investors - what kind of car(s) do you drive? Do you prefer luxury cars? Modest cars? How many drive cars with many, many miles on them? And - if you...
David Ginn
My Contractor is Killing All My Profits
One of the biggest things that you have in a flip project or even a buy and hold project is your contractors. A lot of times one of the things that people will say is, “I'll just go do the work myself,” well you got a...
Nick Stango
Two wholesalers same house!
I looked at a property today that was listed by a wholesaler I get emails from, he listed the property at $48,000 I met him at the property and looked it over I called him later and offered him $30,000 he could not ex...
James Sinclair
Wholesaling (Against the Law?)
I have not wholesaled a house and finding one that would make a acceptable deal, for a buyer, is very difficult in our area. I have done two fix and flips and they are a lot of work and a fair amount of risk as well....
Jason V.
If buyer-seller can't agree on $, will agents sacrifice their %?
Buyer gave me a low-ball offer. Then they came up to $95k all cash, saying that's the best they could do. OK.... Well, I said $99k was the lowest I would go, considering the buyer's agent commission % is really comi...
James York
Why are you refusing section 8 vouchers?
I’ve just finished reading “The Color of Law” which is an eye opening look in to government sponsored segregation through housing policy. With section 8 being an actionable step in the right direction, why are some la...