My husband and I invested in a property with Mack about five years ago. We intended to do several but within the first year it started going bad. Awful tenants, evictions, drops in rent. Nearly impossible to get an...
The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
Hi guys, I recently went to buy a rental property and after inspections were done the house only had a 60amp panel which means I can not get homeowners insurance for it. Since I can’t get homeowners insurance I can’t ...
Maybe I'm overly cautious or paranoid but that is a big concern. If it comes to evicting a tenant, or some other reason a tenant may have a grievance, I would feel much safer being some random Jane Doe. My first thoug...
I recently purchased a home a little further away than I normally do. I used a realtor familiar with the area. I was pleased and decided I would use her to list the home as well. I told her it would be ready in 3 w...
So I'm convinced that MTM leases are superior for the landlord, but how do you go about advertising these? People still seem to be most comfortable with 1-year leases. Would you say, "Month to Month with possibility o...
I’m a real estate investor based out of Los Angeles. I have been doing it for ten lovely years. However, what I am about to say truly pierces my perpetual LA pride. You couldn’t pay me enough money to invest in Los An...
Hello, everyone! I have been reading like a mad man, and I feel like I have a pretty solid understanding of financing, renting, selling, controlling the properties you buy and a variety of other techniques and investm...
I have a prospective tenant that does not meet the criteria of 2x monthly income and a credit score of 650+. He said times were hard and he was out of work but has money saved. He offered to pay a years worth of rent ...
Hi everyone! I am from Atlanta, Georgia, but have been living in Asia (currently Tokyo) for the past 7 years. I and my wife plan to move to the US around the end of this year at which point I'm planning to start a c...