Logan Allec
Where and how to invest?
What to do? I know nothing. I don't even know my strategy. I'm looking for wisdom, stream of consciousness, whatever--any suggestions that wouldn't require me to step away from my current employment. I have a grow...
Ashish Yadav
REI Nation (formerly Memphis Invest)
Does anyone here have any experience with REI Nation (formerly Memphis Invest)? We have been interacting with them for the past two months and have had the following issues :-
1. Cash flow negative - On all the prope...
Alexander Vasquez
How do I handle looking to young?
I’m 24, I’ve just graduated college about a year ago, and I am just getting into real estate. One issue that has become a hinderance more than I’d like to admit is the fact that I look so young. Most people say I look...
Matthew Kirkwold
Telling Tenants You're the Property Manager
Hello everyone,
I've heard that some people will tell their tenants they are the property manager so that when a dispute comes up they can say the "owner" is the "bad guy" and not them. On the other side of the coin,...
Thomas C.
Wells Fargo Bank Sucks!
I am very upset at Wells Fargo Bank. We had been with the former banks Wachovia etc. since 1989 and NEVER had any late payments on anything!
Now Wells Fargo Bank - CEO John Stumpf recently received $25,000,000,000.00...
Rio Peterson
Is potential partner a fraud?
I was recently approached by a seemingly experienced real estate investor to partner with him to flip $1M+ ARV homes. We met for the first time at a networking event and after hearing I work in finance, he was overly ...
Kimberly Kesterke
I take issue with the term "slumlord" and here is why
Landlords have a noble mission. We provide safe and clean housing to our tenants, keep homes maintained and reasonably respond to our tenants requests. We provide housing options so that the government doesn’t have to...
Shawn M.
DEBATE: Cash Flow vs Cash on Cash return
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
Joel Owens
Why do agents take it personal?? My Journey to find my first flip!!
Okay so I have started putting my own offers out there.
Property
1.Located on main highway.House is a POC had it listed at 80k now expired and re-listed at 39,000.Old house on block foundation needing a ton of work...
Peter Kozlowski
Contractor scaring me with contractor’s’ lien
Hey all,
I hired this contractor to do some balcony work on my property. I paid him 50% of the final price as agreed in our contract for the completion of 50% of the work.
However, it turns out the work was of low ...