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I am suppose to close this week on a duplex that didn’t appraise. The Purchase price is 150k and it appraised at 120k. I am locked in due to various circumstances and will loose my 13k deposit plus miscellaneous inspe...
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Neighbors hate them, we've all called the city and police repeatedly. Police say they are on their radar. I went out and talked to the landlord when she was there recently and some guests of the tenant happened to arr...
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Overbidding is the opposite of being a conservative investor. It happens when you buy above the market rate, compared to similar properties in the same general area. Another telltale sign of overbidding is when you pu...
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I grossly underestimated maintenance and make ready costs for my KCMO portfolio. Operating costs are through the roof and net income is non-existent in my first year of business. I started with 2 SFH turnkeys which ha...
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I am new, have not bought my first property yet, but I have been a "businessman" for 20 years. I have a higher than average tolerance for risk, so long as it is "calculated" risk. For the sake of this question, assume...
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Hi All,I have a potential flip that needs a new kitchen. Who do you use for inexpensive kitchen cabinets? Big box store? In the past I had an awesome custom cabinet guy but I've moved to a new area and don't have o...
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I believe quotes are a powerful tool. They provide a boost of quick knowledge and motivation. I would love to hear your favorites and why they are."Don't wait for the perfect opportunity: create it." -George Benard ...
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I am dealing with former low-income tenants who have a free lawyer. He was able to get the eviction dismissed because the pay or quit notices were sent to the tenants in one envelope, rather than separate envelopes ad...
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No Debt Is Freedom
Consider this:
Your money working for You when you own a residential rental property investment. The tenant goes to work each day to pay you to live at your real estate investment.
However, You a...
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All,I have been reading many of your "How do I start" topics. Please allow me to squeeze mine in, as I am really struggling and I just cant even understand why I cant just get up and do it.A bit of background. My enti...