Vikram C.
Underground Storage Tank
We just finished negotiating the price and the seller has revealed at the last moment that there is an underground storage tank in the property. Our offer price did not take into consideration the cost of dealing wit...
Nathan Holt
How is your "Inspections" clause worded in your lease
I am drafting in a new part to my lease to include an inspection, since I have heard from the podcasts that it is really a good way to make sure your units are kept in great shape. I was thinking of wording it as some...
Account Closed
Frustrations With RE Investing
Hi everyone!Some quick background info on me. I've been involved with REI since I was a child through my dad. He's a very successful real estate developer here in California and over the past 20 years, he's developed ...
Justin Wood
Tenants destroyed my place. I kept deposit but what else can I do
I have a couple tenants that have destroyed my units. Obviously, I need to vet them better but as of now what are my options? I have photos showing ton of trash left behind, appliances ruined totaling about $10,000 in...
Scott Radetich
When has an LLC actually saved your ASSets?
I'm getting to the point where i should start to look into what an LLC can do for me. My wife really wants to set one up but I can't think of a scenario where i'd be sued for more than I'm already covered. I honestl...
Cal C.
A lesson learned in court
I recently had a court date in Fulton County, GA, probably one of the most tenant friendly jurisdictions in a landlord friendly state. Obviously, that is all relative.
My tenant's lawyer was a few hours late ...
Travis Wylie
Watch out for a wholesale company called VCA Properties
Here is a fair warning to all newbie investors that are on a wholesaler's mailing list. Please, please do your own due diligence and don't just take the word of the wholesaler.A guy by the name of Carltio King from V...
Jeff Morelock
Seven Questions Inexperienced Wholesalers Hate
Are you going to risk thousands of dollars buying a property from a wholesaler? You better make sure they know what they’re doing, or you can lose every single penny.By asking seven simple questions, you can separat...
Daniel A.
Excessive Profits. How much is too much?
I am starting this topic to open a dialogue regarding acceptable investor returns. What I mean by acceptable investor returns is as follows:
THE TOPIC:
At what point is the investor being greedy?
I will use the ex...
Lesley Resnick
Bitcoin Bubble - Crash
I know this will bring out the haters and the, "you don't understand bitcoin". With that said here goes:
Bitcoin hit $23,000 this week. What does that even mean? You and I agree that today one Bitcoin is the value...