Nic S.
I'm getting my butt kicked
I grossly underestimated maintenance and make ready costs for my KCMO portfolio. Operating costs are through the roof and net income is non-existent in my first year of business. I started with 2 SFH turnkeys which ha...
Steven Smith
Purchasing A 4 Unit Property With Negative Cash Flow. Bad Idea?
Hello Everyone. I'm in the process of closing on a 4 unit building in CA in which I will live in one of the units. I will be raising rents about 8% since the current owner hasn't raised rents in a long time. Even if I...
Account Closed
WSJ article on impending CRE bubble
Not really treading any new ground here, but interesting read in the WSJ this morning. http://www.wsj.com/articles/surge-in-commercial-re...We've got a number of clients active in South Florida (Miami) and they (and ...
Gerald L.
100k CASH - WHAT WOULD YOU DO?
Hey guys, my question is pretty simple. How would you invest your 100k cash?
This should be fun. :)
Account Closed
Real Industry Needs Reform
I think most people that have given it much thought and aren't agents/brokers themselves realize that the real estate industry is in serious need of reform. Should someone without a college degree be making more mone...
Kel S
Dishonest RE Agents? How common is it?
We put in an offer on a house this morning. The house had little activity on the RE sign in sheet on the counter and no offers as of this morning and has been on the market 11 days (not long, I know). But I find it ir...
Ryan Dossey
Direct Mail = Police Report
Man people are nuts.... Seriously. I make it stupid easy to get off my list. Send me a text or call. No big deal. "Hello Mr. Dossey. This is officer ***** with the ********** police Department. There's a woman up here...
Jon Klaus
There are just two months left in 2014, what will you accomplish?
The next few weeks look a little crazy, with 7 closings, mostly on the sell side. I need to plan and start another buying campaign. Also need a shovel ready deal in Austin, ASAP, to keep the crew busy. Looking hard...
Patrick Henderson
Should you spend money on the so called Guru's.
Just to be up front. I personally have spent 40 to $50,000 on training and about ten percent was of no use, That being said, my first seminar cost me just under $500 and within two weeks I had my first deal. I used...
Jimmy Humphrey
Over Leveraged?
Hi,Listening to some of the podcasts and reading the blog, I keep feeling this inner red flag that keeps popping up in me. I get the feeling that a lot of folks are advocating being over leveraged and taking on an un...