Scott K.
LLC Misconceptions and Education
So bear with me - I'm no expert and am simply trying to help instruct others but also educate myself if I'm incorrect on what I know. I've been reading up today on a bunch of forums including this one and see WILDLY v...
Immanuel Pierre
How early in your investment journey did you hire a property manager?
Today I own two properties, one is a long-term rental and the other being my primary resident. I am looking to buy a third within the next 6-18 months as a long term rental. I am leaning towards just getting a proper...
Steven Noreika
Getting started (my story) - LONG - Barely Updated 12/12/07
I mentioned in my introductory post that I would attempt to chronicle my experiences as a first-time real estate investor here, in the hopes that some other new investors may relate to them and maybe even find them he...
Steve Vaughan
My wife was laid-off today. 3 lessons.
After 14 years, my wife just got laid-off indefinitely along with probably 50% of her colleagues. Shes in the aerospace Industry and Boeing was their largest customer by far.
I'm not predicting gloom and doom for a...
Bethany Phillips
Tenants Want Reimbursement for Broken Washer
Hello, I was made aware by one of my tenants that the washer was broken on sept 14. I called my handyman immediately, who was able to get there two days later to take a look at which point he informed me it was out of...
Shari Posey
What if seller won't leave after close of escrow? (CA)
Would one have to evict a seller who won't leave on the day it closes escrow (as the contract states) or is there a simpler legal method? This is question pertains to sellers in a short sale transaction who have no mo...
Kate B.
Buying a 4 plex with Absestos (vermiculite) insulation in attic
I thought I had a great deal on a 4 plex, and got 20% off the list price. We have a contract for a cash purchase. The numbers are great.The home inspection yesterday disclosed that there is vermiculite/asbestos in...
Craig H.
What's a good cap rate
Sorry, I asked the wrong question. I meant to say What is a good cap rate? How do you determine what CAP rate you should strive for?
Thanks!
Raghu Kota
Landlord trying to terminate lease early
Hi,
I am a resident of Texas. I have been a good tenant (openly acknowledged by my land lord) and on occasion, I have even helped her out by forwarding her critical mails etc. I can only guess that she is h...
John Jabson
Inflation?
This is such a basic question, but I don't quite understand the basics of it.
If my income increases by 3.5% per year (that's my current raise per year per our contract) and inflation has been between 3-5% pe...