Mike Migliaccio
If rates rise and economy slows
What is the downside to purchasing a multi unit (28 units) building (currently approx 90+% rented), if rates rise, and the economy slows? I heard on podcast 3 that the guest lost millions in the 2008 downturn. I am g...
Karen Bickford
Do you ever feel like a predator?
As investors we are always looking for a good deal as that is how we grow learn and hopefully prosper.I just logged off of the MLS feeling disgusted with myself for feeling like well, a predator. Googling an owner...
Dakoda Spencer
How to acquire REO's as investment properties
Hey all, I have a simple question.
I want to purchase an REO as an investment property but I'm not sure of the process. Do I need to be sure to tell the bank that it's going to be a rental or does it matter? I plan ...
Meryl McElwain
So-anyone still paying rent?
So I'm in Chicago. Two six flats. 8/12 tenants now not paying rent. I've been talking to other landlords and it's the same story. I have two buddies with 60 units between them. They're are mostly 1 bedrooms. Rent is u...
Mike Lynch
What would you do with the money?
If tomorrow you suddenly had around $300,000 cash, would you:Try to purchase several $50,000 homes and rent them out?Purchase a couple $100,000 homes and rent them?Buy fix and flips and rentals using the banks money?I...
Joe Moore
Appreciation or Cash Flow - That is the Question
Yes L.A. and the OC are great places to live but not the greatest place for the average real estate investor. I did say average because those with cash are still buying. Some are even tearing down the old replacing ...
Ray A Delfi
Owned a home for 12 years and foundation is falling apart
Hey quick question. I pulled the subfloor up to sister up the joist and get the floor plumb but my contractor just reported that all the wood is deteriorating and falling apart. Is this something my insurance could co...