James Park
New Landlord. How to handle a situation when tenant cannot pay the full rent amount
I brought in new tenants to my townhome in the Chicago burbs three month ago, before moving to Atlanta.
Long story short, in July, I had an unusual storm in Chicago that put 6 feet of water in my basement. I have sp...
Karen DiNapoli
Out of State Investing - need help finding a good location!
I live in Los Angeles and completely priced of this market. I'm having a hard time finding a good out of state location. My friend lives in AZ and suggested Downtown Phoenix. She said there are several districts there...
Joshua Dorkin
What decisions do investors need to make to do their first deal?
Hey Guys -I was hoping for your feedback on a process question we've been pondering.What decisions do you believe an individual needs to make in order to close their first deal?I'd love to hear your thoughts on those ...
Jimmy Lieu
Is 2019 a good year to invest in real estate?
I am a newbie in real estate but I am wondering if 2019 is a good year to invest in real estate? Or do you believe the housing market is getting a bit overpriced? Should I wait until the next housing market to cool of...
Jim Goebel
Home Warranty Decision(s) for entire portfolio
We were just yesterday looking at some options for home warranty type of services and I think crowd-sourcing this one may help:The provider we were looking at specifically was HomeServe, however there are numerous oth...
Amy Raye Rogers
The Negative Cash Flow Club!!
The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
Paul Klei
Seeking to take out loan against billboard income
I am negotiating a billboard lease. I want to structure the lease to best facilitate a loan against the lease's income. I'm considering a 75-year lease with annual payments, escalators and perhaps revenue-sharing. Doe...
Chris C.
Cash Out retirement fund!! Is it stupid for me??
This flies in the face of everything that we have ever learned about retirement accounts. So I want to start this by stating that it is stupid for 99% of the people out there to cash out retirement accounts but I wou...
Matthew Stover
Help me understand this deal and 50%, 2% rule
I hope I'm doing this correctly. Thank you in advance.
3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235
Using the 2% rule, I would need ...
Kellis Landrum
Jason Hartman- Platinum Properties
I ran across Jason Hartman's website/podcast and am intrigued. Is there anyone here who's bought properties from his company that could share their positive or negative experience with me?For what it's worth, everyone...