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I haven't seen a single deal in the city of atlanta that cashflows, and I've looked at about 200.
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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I was picking up the rent from one of my tenants tonight, and it occurred to me when they pulled up....every single one of my tenants has a considerably nicer car than me. Also almost all of my tenants (Except the one...
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I'm selling a rental (escrow scheduled to close 2/14) and need to find a replacement for 1031 exchange. I'm looking for cashflow, C class or better, multifamily would be great. Property needs to be around $550K to com...
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Let’s face it… Renters -usually- rent because they don’t have it together. They are hard on rentals, with lousy pets, smoking, violence, lack of cleanliness, out of control kids, you name it. I’m learning this the har...
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Hiya all. Well here's my situation.
I wanted to buy a second rental property after we moved to Hawaii for work and became bankable again. I was planning on using the HELOC money from our first rental as the downpaym...
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Does anyone have strong opinions either way about purchasing turn key properties for buy and hold investment? Have you had success with them and stand by the model, or on the flip side, have you had a negative experi...
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really curious to know what your response is.
i'm a NOVICE investor. i just purchased my second home last monday and rehab starts this week. i made a cash purchase and will also pay the rehab cash. then i intend to ...
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Hello and thanks in advance for reading/commenting,I posted this here because of the 'rehab' question. I would not look to flip this property since I am looking to add to my b/h portfolio.Please see end of post for p...