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So theres a ton of talk about being over leveraged, a downturn or correction is coming, etc etc. Well, I'm pretty leveraged. It was the only way to succeed without a 350k/year 9-5. brrr over and over. So correct me if...
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1. What Trouble did they case you? Tell the story! Be honest. Some of us will use this information to better ourselves as landlords!!!! 2. How did you resolve the issue, if it was ever resolved?
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Good morning,I'm a landlord with 1 property. It's a 4 bdrm and rents for $1950/month. I have been paying $135/month to a property management company and as far as I can tell, all they do is collect the rent, keep th...
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I want to hear the good experiences and bad on this one. Do you really win in the long run by lowering rent for a longer lease, or should you stick to the script of 12mo leases?
What are your thoughts on this?
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I’m just getting started in my REI journey after nearly a year of analysis paralysis. I’m an engineer by degree but always wanted to get into REI and get out of the rat race. My hometown of Aurora, IL is where I have ...
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I've got new tenants that have only been in the house for one month. It's a couple and a roommate in a 3 bedroom house. I see the girl in the couple emailed me asking to get off the lease because she and the boyfriend...
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Hey guys. I'm new to the forum, but I've been on here for a while reading articles, tips, et cetera, and it's been a great help so far. I have a few questions of my own though and I'd much appreciate your thoughts.
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So we bought a small lot today that we plan to develop. The purchase was for $60k in cash using a buyer and seller broker. When the HUD came out the seller flipped out and didn't want to pay all of the commissions t...
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I got a lot of questions on my Instagram yesterday about the email we wrote to our tenants addressing this outbreak so I decided to include the letter we wrote here in case it helps anybody :) I think a lot of landlor...
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Over the last week (man how fast the world can change!) I've had clients and fellow investors and agents reach out to ask questions on the market. I share what I know and often learn tidbits from them.
It's been a gr...