Scott Lepore
Let's be realistic with the BRRRR thing
Okay, I'm tired of hearing how easy it is to BRRRR. And the numbers people (eh hem, Brandon) are not realistic IMHO. One example Brandon gives is $200k purchase, $40K fix, $10k soft costs, $350K ARV. First off, fi...
Justin Jarboe
LEASE ADDENDUMS? What extras do you add to your lease
What are your favorite add ons to add to your lease? Do you have an addendum to your standard residential lease? Examples: Smoking is prohibited in the unit. LANDLORD permits the use of parking space #XXXX t...
Henry Clark
Belize Teak Plantation
Actually started this venture about 3 years ago. I might get some activities out of time sequence. Sit back and grab some popcorn.I will chop this up into smaller segments, so each one isn't too long of a read and h...
Ahmed Youssef
Turnkey is asking to ignore the appraisal value
I'm I not reasonable for not signing my turnkey contract because it has this condition? "If the property appraises for $120,000 or more the buyer agrees to purchase the property at the $129,950 purchase price indicate...
Account Closed
CA Handyman (not Contractor) has started asking for $500 in Labor per job
Am a NY licensed contractor who moved out here to LA county barely a year ago.. my CA contractor license is still pending. So in the mean time, I been keeping busy with working on my own properties and a few small lan...
Larry H.
Electrician Wants 50% up front
Flipping my first house and first time dealing with sub-contractors. The electrician that gave the best bid wants 50% up front. I balked at that and he said he can do 25% up front. He said he doesn't want to fund i...
Michael C.
How transparent are you with people at your "day job" about REI?
So, I just finished listening to Podcast 60 with @SergeS and it got me thinking. He was working a full time job, and took his business from 0 to 68 units in four years. In the podcast he referenced very often he wou...
Mark Negley
The Book on Rental Property Investing by Brandon Turner summary
Ch. 1 Why I Love Rental Properties
Ability to use the leverage
Ability to hustle for greater returns
Ability to manage my investment directly
People always need a place to live
Its worked ...
Kenny Hsu
Invest now, or wait for the correction?
If you had the capital, would you wait for the correction or still invest now?I understand local markets will drive the ultimate decision, but it feels like every market I look:1) unemployment is through the roof in t...
Lewis McKnight
Should Realtors try to Stop Zillow from removing their rentals.
So, I am an investor and realtor. I work and live in Dallas Tx and Starting January 12th. Zillow will not longer pull rentals from the MLS and put them on their site. They will charge everyone, Realtor or landlord 9.9...