Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
I evicted my tenants last week for non-payment of rent. They were out at 5pm Monday night. My Realtor went by the house yesterday while FaceTiming me, and they trashed the place. Literal garbage everywhere, carpet I r...
Hi BP!I'm a bit on the fence between the residential classification of 4 unit multi family investment property and jumping over to the commercial side of 5+ units. Ultimately, I am trying to stay within the 4 - 8 rang...
PDAs weren't good enough for Mr. Jobs, he had to go create an iPhone (which many of us now can't live without). He was relentless about trying to give the user the best possible experience. I wonder how he would reinv...
We have a cabin in a wooded area that we're Airbnb'ing. The cleaner let us know that she found mouse droppings. If it were my house, I'd set a trap and deal with whatever we catch. I'm hesitant to do that here for ...
There are so many real estate investing "rules" that seem to work a lot of times but following them "blindly" will make you lose out and overlook a ton of investing opportunities.For example, I've heard of the rule th...
Question: Has anyone else had significant problems with military tenants?
The story: First off, I am as red blooded as one can get, I love my country and my military. I served ten years in the Army, during wh...
I've got new tenants that have only been in the house for one month. It's a couple and a roommate in a 3 bedroom house. I see the girl in the couple emailed me asking to get off the lease because she and the boyfriend...
For my savvy Real Estate investors out there who have attended the school of hard knocks. What Real Estate Cliches have you found to be true, useful, or completely false. Here are my top 3 True Cliches:1. Risk comes ...
There are some new discount property management companies that charge 5-6% (instead of the more typical 9% in Utah or California) and have data showing that they keep vacancy and rents the same as the 9% alternatives....