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Let's not be coy, we overpaid for this lot, but we knew it going in this time...which is a refreshing change for us. We bought this lot as a marginal deal thinking that if all went well we'd be lucky to make $30k and,...
In the process of purchasing my first turnkey property out of state. Just got the home inspection report, and it sounds like a disaster. Water damage on the ceilings, wood rot, old HVAC, questionable roof, dead mice...
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At this point I'm contributing 6% of my pay and getting 3% match by my employer. That's the max they will do.
The way I look at it, the company match basically protects my contribution from inflation, and any fund i...
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You hear so much (I guess from the gurus and course sellers) about how “predictable” the cash flow is from rental properties. Well I adamantly disagree. You have a maintenance issue…unpredictable cash flow. Your insur...
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Hello everyone! Just wanted to introduce myself a little as i have read through this site many times and decided to finally make a jump in my life and start investing in real estate.My name is Carlos and i play profes...
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slumlord is a pretty harsh term, however, let's say-Its a rough neighborhood (some spray paint and busted windows on various bldgs)-A bunch of 2-4plexes on the block-the living conditions of current tenants is bad (pa...
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Hi, I’m a new agent and one of the brokers I’m interviewed with mentioned the opportunity to fill out BPO reports in order to generate a little bit of income while sales are slow. What exactly does does a BPO entail...
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I own several rental properties all single family homes and considering another. However, I want to expand my real estate experience by trying a flip. My strategy is to purchase a foreclosure at our County Court Hou...
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I inherited lousy tenants in a property (year lease) who are threatening to sue me for a slip down the stairs. She didn't seem injured but yadayada had to go to the doctors and did xrays yadayada. Now they're saying s...
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Seems a lot can go wrong with this and I wanted to speak with existing investors and see what has gone wrong with this in the past and how have then fixed it.