Snehann Kapnadak
Indianapolis Vs. Memphis: Rental Market Showdown
Hello Everyone!I'm a first-time investor looking to invest in a buy-and-hold SFH that has stable cash-flow in an A to B- neighborhood (any appreciation would be a plus, of course!). I'm looking for properties in the 6...
Lucas Mills
My thoughts (and confusion) on capital expenditures
I've posted about this before but I don't feel that a reasonable and sufficient conclusion was ever reached, at least not on my part.I have not yet done any deals. I currently work 8-5, have about 30k in the bank, and...
Prag Patel
Property Manager Backing Out of Raising Rents
One of my PMs told me they were going to raise the rent from 900 to 925 for a tenant who has a lease expiring soon. After speaking with the tenant, they told me that they will not renew the lease if rent was increased...
Wendell De Guzman
Why Rent to Own Makes Sense For Newbie Investors
Rent to Own is great for newbie investors. Here are the reasons why:1. With rent to own, you can buy a property at closer to market value and still make money. The problem in a hot market is that getting good deals is...
Russell Payne
Short Term Rental Vs. Long Term Rental
When looking to purchase your first investment property, would you prefer a short term or long term rental plan?Would love some pros and cons! Thanks!
Michael Plaks
Refinanced interest - is it tax-deductible?
This post is meant for my accounting colleagues - an invitation to debate, basically.Let's consider scenarios.1. (clear) You buy a rental with a $100k loan. Two years later, you refi into a new $100k loan with better ...
Grant Music
Father does not approve of my goals in REI
Wasn't really sure which category to put this under, but I've had two pretty heated discussions with my father about entering into real estate holding. To be fair, he has been involved in real estate for decades (owne...
Kimberly T.
Can "having a job" be part of your tenant screening criteria?
Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...
Dan C
Neighborhood that you wouldn't consider investing in?
How would you describe a neighborhood that you wouldn't consider investing in? I live in a small to medium size Canadian city with a few not so great areas, but have some great deals from disgruntled landlords and/or...
Michael Hoover
Yes or NO?... Small Portfolio Buyout from tired Landlord- Rural area of MS.
Hello all,
A local landlord in my area has offered me an owner-financed portfolio and I am attempting to decide on moving forward with or running and would love your thoughts. I currently own 18 single-family ...