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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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I thought I had a great deal on a 4 plex, and got 20% off the list price. We have a contract for a cash purchase. The numbers are great.The home inspection yesterday disclosed that there is vermiculite/asbestos in...
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People frequently ask me why I don't invest in deals in New York, even though we're based here. The reason is simple: it's too hard to make money for your investors in New York. That's a huge reason why we invest i...
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Hello,I recently accepted a remote sales role and am planning to relocate out of Massachusetts to either Texas or Washington (based on a number of factors/analysis I did on the market, economy, taxes, etc). Given that...
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(I just posted this as my first blog, but it's my first success story also)StrategyRent by the Room (RBTR) allows me to maximize the rental income from a home, while still having long-term tenants on leases. Instead o...
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OK - So I've dismissed personally investing in turnkey markets for a while, mostly because I have unrelenting faith in the long-term prospects of my home city of Denver, CO. BUT, I have now bought a substantial amount...
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Hello everyone my first post here!
I have been doing a lot of research on real estate investing reading books, podcasts and of course bigger pockets! multi family properties is something I want to focus on.
I ha...
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Hi everyone, I have been focusing on flipping short sales for the past couple of years. I recently came across an investor that was buying the note instead of doing the short sale to get around seasoning issues. I j...
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I searched the forum and haven't found much.I got a call from ALE Solutions to rent out my house for a displaced family who had water damage to their house for 3 months, 800 above the rent I am asking for. They have ...