I just finished cleaning out a property that was damaged because of pets. Now I put a stiff penalty in the lease for bringing unauthorized animals on or into the property. Tenants signed lease Feb 1st. Now, 6 weeks...
I have a question for my fellow STR specialists. First thought a story! :-)I recently traveled to Omaha NE and found out the Airbnb I was staying at was clearing $50K/ year!!! (It was a SFH with 4beds and 2 baths). I ...
Ok, I have two good deals but they are pre-foreclosure properties and I'm a Wholesaler. How do I close the deal with a Pre-Foreclosure? I'm lost because I know about closing deals with FSBO properties. Do you do pre-f...
So, this is in the news now-days. Here are a few thoughts - feel free to jump in:I've often said that I think it's kinda naughty when people charge $30,000 for real estate education. My rationale is as follows:Real es...
Hi guys, wanted to share my story for some motivation.I started investing in 2007 as a 23 year old. My portfolio consists of 13 units and the current annual cash flow is roughly $170k annually. Most of my units are in...
Hello, amazing community!! So I have a question and I want the most blunt response, when starting out with investments how do I look at debt? I have started getting into business credit and I've been told when getting...
Hi there, I am switching over my 4 rental properties to a new insurance and nitpicking my way through the coverage. Some things will go, others will be added. My question is about the option of the Fair Rental Value C...
Let me start by qualifying the title of this post with a couple statements. First, I’m not talking about your neighborhood specifically, although given a long enough period the title is likely to be very close to app...
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
Hi, I’m a novice, trying to get into making extra income through real estate though I do have stable employment. Have just sold a condo and must do 1031 exchange by July 15th. Will have 400K as liquid funds from that,...