Kazumi Boyd
Is it a bad time to invest?
Hello friends. My wife and I live in Oregon and we want to buy our first rental, but the interest rates and the housing prices in Portland are very high. A 3-bedroom house starts at $450k. But I'm getting the feeling ...
Cal C.
Ramsey or Kiyosaki doesn't matter! Getting rid of "bad" debt is important!
I strongly believe whether or not you use debt or don't use debt to buy real estate, it is important to pay off debt that is not related to your RE investments. All of that interest your paying is money that could b...
TJ Walker
How to rationally select a long-distance market for investing?
I live in Long Island, NY, where hideous shacks cost half a million and only rent for $2000 a month, so I am excited about investing long distance. (My first investment duplex in NY metro is cashflow negative-I hadn't...
Ryan Rush
Getting discouraged. Everything is going wrong at once.
Everything has gone wrong all at once. I have 13 doors- which you would think would be able to handle about any issues that popped up, but the issues have happened too fast. I had insurance require roofs to be done- s...
Drew Cameron
Heloc to pay off mortgage faster
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
Tim Porsche
Would You Rent To This Applicant?
Hi All,I've recently had someone apply for a 1 bed 1 bath apartment I have for rent. I'm having a hard time deciding if I should accept the application or not and would greatly appreciate any feedback one way or the o...
Jay C.
Are Realtors days numbered?
I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
Anthony R.
What do you do with a dead tenant?
So I haven't run into this yet but as I grow I imagine that my odds of a tenant dying grow.Here are my concerns:Who becomes responsible for that month’s rent, if anyone?Who becomes responsible for the dead tenant’s po...
James Wise
NAR Lawsuit Settled! Offering Buyer Agent Commissions in the MLS now Illegal!!!
The NAR settled all of their lawsuits for $418 million today. Lots of stuff to dig through in regards to all of it, but the biggest takeaway and change to the industry is that fact that buyer agent commission can no l...
Meryl McElwain
Wholesaling-how exactly does it work?
I recently heard a remarkable story of a wholesaler claiming they picked up a house for 32,000 and then turned around and flipped it to a contractor for 54,000 within a span of 10 days.
The story is true; which leads...