Rich Ramirez
2% rule..is it still real?
I'm in Southern CA and realize, based on the Podcasts, that the 2% rule can still be found in the Midwest or perhaps FL. Since the market has picked back up, I'm wondering if it still exists...generally? Or have other...
Account Closed
I just sold my first rental home and I made 109,000!
I purchased this 2 bed 2 bath 1349 square foot house in Turlock California about three years ago for 72,000, I put 15,000 into it after I completely gutted it so everything is new inside. I rented it out without even ...
Rick Baggenstoss
Is your primary house an investment?
In another thread this debate was started. Is your primary dwelling an investment?
One argument for is that you expect your primary dwelling to appreciate, therefore, it is an investment.
However, an a...
Emily Shirk
How much do I trust my realtor?
Hello!My husband and I are first time buyers and new to the area (San Jose). We met with a realtor who I found on zillow with high ratings and she instructed us that because the housing market is so competitive here,...
Brie Schmidt
Diary of a Bulk Buy
I am looking to do another bulk buy and wanted to document my experiences here. I already have a commercial lender in place who did our previous loan. The challenge is that I am looking to buy 6 - 10 properties that...
Mike Johnson
Holy cow, where do I begin?
Where do I begin? This forum is massive and a bit confusing. I have no idea where to begin in RE investing, can somebody point me in a direction where I can start reading?
I have owned multiple businesses so that are...
Dominic Bailey
Are IUL insurance plans a scam?
I recently signed up for iul. However now I'm hearing stories that they may be a scam or some type of pyramid scheme. Does anyone have any experience with them
Grand Wally
Eviction question
I'm pretty sure I'm about to evict a tenant....
What can I do to safeguard any potential theft/vandalism in between the time I notify the tenant I'm going to evict them and when the sheriff shows up (maybe 1 week)....
Charlie Anne
$175 cash flow but CoC 3% - Would you buy?
I am getting to be “too close” to this deal so... would you invest in this?
I’m already under contract but can back out during due diligence.
-118k price
-7.5k closing costs (so high!)
-20k repairs
= $145k all i...
Mahesh K.
companion dog
I was driving by one of my properties when I noticed my tenant had a pit bull in her unit of the duplex (spring valley CA). The duplex has a no pet policy.
My property manager gave her a 30 day notice to cure...