Michael Kundrat
How would you justify a $1M duplex that is 100+ years old
My landlord knows that I am interested in his property and he is trying to 1031 his duplex into more houses closer to an area to where he has other properties close by. I have no rental property experience but want to...
Marlon Jackson
Wholesale marketing numbers
I am about to start a direct mail marketing campaign to possible motivated sellers with a budget of around 2k. Should I lean more towards prefer closures with equity or vacant? Or how would you disperse those funds in...
Andy W.
Do potential tenants balk at screening costs?
I'm preparing to show an apartment to several potential tenants tonight and I'd like to run credit/background checks on anyone who applies.From the services I've explored, it seems your average suite of reports comes ...
Gary Marcotte
Is REO inventory overpriced everywhere?
I am a rehabber dealing mostly with REO properties and I am having a miserable time finding deals. I am up here in New England (northern MA/southern NH) and for the past 6-8 months the prices on REO properties have i...
Vonetta Booker
Self-managing a property long-distance - any suggestions?
I didn't want to, but I am considering self-managing my newly-purchased SFR in Cleveland (I'm located in CT). Don't get me wrong, I feel like a good PM is invaluable and have no issues paying one their 10% to properl...
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
Hi,
I have two houses that I purchased from Memphis Investment Properties (M.I.P.) who still manage them. Property one is a 3 bdrm 2 bath with a garage that rents for $1,350 and property two is a 3 bdrm 1 bath, driv...
Account Closed
How To Crack $1M - In The Year 2020
Is it just me or everyone playing it safe? Recently I’ve been catch a ton of flack on this forum for suggesting things like:1) Maximizing leverage while carrying hefty reserves.2) Buying for appreciation in western ma...
Fakaradin Floyd
Advice on my STR pitch and overall Rental Arbitrage advice (Alexandria VA)
Hey everyone, I'm a 24 year old Software engineer that's always wanted to get into real estate, I graduated college about a year and a half ago and wanted to hit the ground running when graduated. I moved to North Vir...
John Arendsen
What would you do with a million dollars?
If you had a million dollars and it was the only million you had sitting in a money market account drawing less than 1% per year how would you invest it?
Ami Sapir
An American Nightmare
My name is Ami and I have made a pretty big mess of things. Here are some details of my life:- Sales Manager of a sales team in the IT universe earning about $85k/yr- Wife has an office job paying her $60k/yr- We owe...