A lady called me today, said she meets our Minimum Qualification Standards and we scheduled a tour tomorrow morning at a rental. She then goes on to tell me that she needs a place in immediately because a 90 year old ...
So I’ve been DMM now for about 3 months. No real leads yet, which I expected. The calls that I have received are people telling me to take them off of my solicitation and are not happy about me mailing them. The...
Hello! This is my first post so if I make a mistake I'm sorry! First I’d like to say I’ve enjoyed reading Jay Hinrich’s posts; they’ve helped me get a firmer grasp on real estate investing and I’m grateful for that, a...
I am in the process of buying a 4800 squarefoot fourplex and we are expected to close this coming Tuesday. We agreed on the price of 173,000 with the seller paying most of my closing costs bringing my loan to 184,000....
Is it wrong to raise rents on existing tenants after property has been purchased every 6 months tell rent is to rent level in area? (increments of $25 which would be a total of 2years in all to reach)
Hi, I’m trying to decide whether I continue to actively invest in single-family (or small multifamily) long-term rentals or invest with a multifamily syndication. I decided to run IRR (Internal Rate of Return) calcul...
I have observed that investors consistently IGNORE the fact that their time sits idly in a bank account when they tout their "AROI" on their projects. This is quite puzzling to me and I was wondering why people do it...
An Alabama client of mine had this experience, but I think it is relevant nationwide. He had smoke detectors in all rental houses. It was the tenant's responsibility to test the batteries periodically and replace them...
So I'm currently in negotiations with my first couple of properties in Ohio and I'm looking to implement the BRRRR strategy. I have a couple great candidates for property management, an awesome contractor and a very ...
I've read a few posts regarding credit repair. I went into a bit of debt while in college. I was hoping to hear others' perspective on paying for credit repair. For one, I do not know the costs of what it would take t...