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I have a goal to pay off a large loan in 10 years. Let’s say I have 10K available to put towards extra principal every month. Would I end up paying the loan off faster if I did one lump sum payment of 120K per year, o...
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Hi everyone. My property manager just called me/sent an invoice with 2 options regarding replacing an electric water heater (please see attached screenshot). The property manager said the issue is the water heater's a...
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Last week, I closed on a triplex and my portfolio hit 25 units, and I wanted to share what I've learned in the hope that it may help some investors who are starting out (both young and old). This deal:Purchase Price: ...
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I am closing on my 5th house, which is my 7th deal, on October 17th and my plan is to renovation and sell it. I'm buying it from another investor who started writing about it in his BP blog but I won't share those det...
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I'm starting to get annoyed with my first tenant, and as a first time landlord, i'm not sure what to do. A little background information -Tenant moves in and "forgets" to do move in property and condition form. I info...
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So, I'm still learning the ropes and not ready to jump in to actual investing just yet, but I just wanted to throw my plan out there and see what people thought of it (especially Kansas City folk). Obviously the main ...
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Can we all make a pact that we will submit our highest and best when we deal with REOs? I am tired to loosing deals, bidding against myself, and the bank playing us against each other.
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Today is Thanksgiving. Lots of time to talk shop, politics, or real estate investment with family and friends. I just spoke to acquaintance of in law, and he mentioned purchasing home within a year. I spoke to him abo...
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We see much discussion on how to find deals and buy deals. However not much is mentioned about how to handle the leads when you get them or HOW to CLOSE a deal.A great closer will out perform someone with superior kno...
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This year, I had an impressive first in my landlording career. I've already had to change out two legacy bathroom sink drain assembles in two rentals in two months. Anyone who has had to do work on bathroom vanity dra...