I'm trying to figure out how to best communicate with my tenants regarding this difficult time of the corona virus.I'd like to be sensitive to what's going on, but I also want to be able to cover my mortgages, bills e...
If I were to guess, here's what my friends did today:@Serge S. spend today thinking hard about the next $500,000@Brian Burke took his wife in his plane to Malibu, or something, and spent money he has@Brandon Turner to...
Short Term Rental Arbitrage analysis
This topic keeps coming up recently recently and I feel like a broken record, so thought I would post about it and share how I run an analysis on a potential arbitrage deal, and h...
An ordinance was introduced this week to re-legalize the construction of new "accessory dwelling units" on existing Chicago properties. This includes coach houses and basement & attic units, which could be added w...
Curious what everyone's thoughts are on the following 2 options:
1. Put money aside in 401k and take a nice tax savings now, but not be able to leverage the money easily for REI. With a Self Directed 401k I may have...
I just bought a second at a ts in CA (it was a 2nd mortgage, not a HOA lien) The property has equity.
The first is scheduled to sell in a week. So I need to pay it off asap to keep it from selling.
How do I go ab...
Hi everybody,
House valued at 420K, going to be auctioned on 7/15. Starting bid 81.5K, yeah! A heck of a deal.
I feel i should go talk to the owner and try to get this house before auction day. I have no experience ...
Have you ever been under contract, and doing your due diligence, and you find a bunch of problems. You ask for a concession, but the seller's broker keeps telling you that they don't really care if you back out becaus...
Universities across America are online-only right now, as well as for the summer. What if they stay online-only in the fall?There are many college towns whose economies and rental markets depend heavily on students be...
My tenants sent me the following message. There was no previous messaging of any problems; they informed me of replacing and discarding the previous unit all in one message. Then expect me to pay for the new unit. The...