Rodney Lorenzo
The bad neighborhood I invested in may kill my investment
The urge to get into real estate pushed me to invest in a 6 unit building in a neighborhood that I didn't think was that bad. I thought, the cash flow could be good so why not. This was a year ago. Now, my PM is strug...
Brie Schmidt
Paying rent with Cash - Simplifying processes
Our tenants pay rent with cash. Some send money orders, some deposit cash in our account, but a majority used PayNearMe to pay at family dollar locations. Now the Family Dollar in our area will no longer accept PayN...
Michael Seutin
Anybody bought with Urban Detroit Wholesalers?
Sorry I didn't know where to post this questions, but since that company UDW (Urban Detroit Wholesalers) caters to investors that want to rehab and rent or flip, I am asking for reviews.
Any good or bad experiences wi...
Alyssa K.
Cozy allowed payment reversal that withdrew previously paid rent
I received an email from Cozy stating that a tenant disputed their rent payment/marked it as fraudulent with their bank. Cozy then reversed the payment, which had already been deposited into my account, and withdrew i...
John Underwood
Why an LLC may not protect you from a Lawsuit
I stumbled across this lawsuit while looking for something else.As I have mentioned before in this forum an LLC that is not 100% property ran can easily be pierced and the owner sued personally.Here is an example of w...
Nicole A.
Not paying rent affecting my goals
This is more of a vent than anything.
So the first month with a new tenant has come around and I still have no rent payment. We set it so it was due on the 5th and late by the 10th; The renter wanted to pay r...
James Kirby
Application Fee Credit and Criminal Background checks
Hello Everyone, I am new to investment properties and I am currently in the process of closing on my first multi-unit property. I have been doing a lot of research on everything over the past several months and h...
Alex Silang
Getting called a "slumlord" by friends and family
I bought 2 triplexes in blue collar areas. I am very good landlord, I always fix things on time. I'll do extra stuff - for example last week it came down to repair the fridge or buying a new one. I went with buying a ...
Eric Don
Laid off, 400k in accessible cash, chasing any opportunity. Help me escape the matrix
Recently laid off, want to use saved up cash for good use. Seems like every asset in the US is unstable dont know where to put cash want to use real estate as business to grow wealth I have all the time, and I have th...
Eric DeVito
No family support, only negative comments. What to do?
Hello all! I am sharing my RE ideas with my mother and other close family members and I receive no support. Only comments such as bad tenants, you will go broke and save your money. No one thinks like me or likes to t...