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Inspired by @Tyler Jahnke and others on BP I've decided to chronicle my experience regarding the property i've purchased with MI & OP management company from now for as long as i own it. The purpose is to hold the...
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It seems that turnkey sellers are sprouting like mushrooms, not unexpected giving all the distressed inventory being snapped up.
Current practice by the largest turnkey sellers strikes me as questionable. Here are a...
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What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...
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Female Property Investors/Landlords. I need your advice. If you are doing this on your own. By that, I mean, no male figure next to you that is your father, boyfriend, husband, brother, cousin. If you have none of the...
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I want to start a discussion re the due on sale clauseWe are seeing more issues re lenders calling notes due. Some because of mistakes with insurance. But, some due to lenders looking.One lender/servicer is HomeLoan...
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The fact is that not all LLCs are the same. Some are just better for asset protection then others. The best LLC structure is the Series LLC. Like any good parent, we want to protect our children. This is accomplishe...
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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...
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I recently started a house flipping business (although I'm not sure how good of a business it is since I have yet to flip my first house). After researching for I can't tell you how many years and after what seemed li...
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...