Lane Kawaoka
My First Remote Out of State Turnkey - 18 Month Report Card
This Birmingham, Alabama property was put into service in September of 2014 and was the successful beta test to prove the concept of remote out-of-state investing. I acquired the property from a marketer that makes co...
Cameron Riley
Have you ever self evicted a tenant by “ cash 4 keys” offer?
The community has offered amazing advice on my last 2 threads. I had to post again. - Self eviction? Convincing someone to leave? Cash 4 keys offer? Changing locks after they haven’t even been living in the home for a...
James H.
203k deal is going very poorly, advice?
I decided to jump into the deep end for my first home purchase project, it is much deeper than I wanted..... I purchased a property for 129k in August of 2018. It was in pretty banged up shape but didn't look outrageo...
Bao Nguyen
beware: landlord insurance policies do not cover theft/vandalism
I got a call from my tenant yesterday that the bay window in our rental unit has been smashed in by vandalism. I submitted a claim to Allstate, and the promptly called me to today to let me know that my landlord's po...
George Wolff
1031 exchange
In order to do a 1031 exchange do you have to reinvest the total amount that you sold your property for?
Danielle Scott
LLC Title Related Issues
My family and I purchased a house in 2010 in Arkansas and put the original mortgage and title in my name solely. We decided to start renting it out, and all agreed to transfer the title to an LLC. The LLC was supposed...
Account Closed
Pulling Cash from Credit Cards: Most Inexpensive Current Method?
Anyone have any thoughts on this?
My 2 favorites I know of:
-PayPal'ing the cash to myself (3% fee). Although they've given me a slap on the wrist for this.
-Amazon WebPay'ing the cash to...
Bill Gulley
How Profitable Is Property Management?
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
Mark Rauch
Out of state investing
If one were to invest out of state, what would be the proper way to oversee improvements and management. In other words what should your infrastructure look like and how can you protect against property managers, con...
Maria Diaz
So much to learn - a bit overwhelming
Hello!I’m trying to learn the ropes as I go. I haven’t purchased my first investment property yet and honestly, I’m determined to gain knowledge through self education and I have no rehab experience nor have ever work...