Matthew Kirkwold
Telling Tenants You're the Property Manager
Hello everyone,
I've heard that some people will tell their tenants they are the property manager so that when a dispute comes up they can say the "owner" is the "bad guy" and not them. On the other side of the coin,...
Jessica Soares
Challenge: $30k a month in rental profit in 5 years?
Challenge: How would you achieve a goal to make $30k a month in rental profit in 5 years?
Newbie here. I've set a goal for myself to make $30k a month in rental profit in 5 years (shoot for the moon goal fo...
Emily M.
If you could buy in any market, where would you buy?
The topic says it all: say you could invest in residential (multifamily, with maybe a few house flips here and there) up to 500k. Where would you go? I'm sick of Chicago's property tax hikes. Looking for markets that ...
Mandi Martinez
When the contractor is over the timeline, by A LOT.
I’m on my first flip, and the official start for renovations was November 1st 2018. I was told it would take 12 weeks to complete the project and now we are well past that and still having issues. All of a sudden I ne...
Al Williamson
Do Landlords Have Neighborhood Obligations
Are landlords obligated to contribute to the community surrounding their rentals? If so, do you think landlords in a well-to-do community have less community obligations than owners in low income neighborhoods?
I th...
Jeff Rabinowitz
Rent is current. Tenant wants to renew. I won't. Am I nuts?
This may be the strangest thing I have ever encountered in my time as a landlord. Here's a little background info: This property is managed by my property manager. It is rented at the highest amount it ever has been. ...
Matt Gilroy
What's wrong with just cash flow?
BP, Minimal or no appreciation, lower overall values, hit or miss area but constant cash flow. Is there a problem with this? My strategy is to replace my income with rental properties.Slice and dice it!Matt
Chris Armstrong
Really Trying to understand Depreciation and Recapture upon sale
Hey BP I have been thinking a lot about the issue of depreciation on rental properties and what happens when you sell one after a long time without use of a 1031. I guess I have been thinking about a property that is ...
Joseph West
Drugs found in duplex. What to do?
Just came into a duplex to fix a leak due to a moldy exhaust pipe for the AC. I did let the tenant know; and found a table with cocaine spread out.
I'm in Texas. What are my options; or what CAN I do? I try my best...
Jesus Garcia
Lifestyles Unlimited by Del Walmsley
Is anyone here a member of Lifestyles Unlimited or does anyone have any experience with them. They are a mentoring program that helps you get started in REI based out of Houston. From what I can tell so far they see...