John Pflederer
18 unit multi family - Advice Please
Hello All!I purchased a 18 unit building 2 1/2 years ago in Central Illinois. Prior to purchasing, I did as much research as possible and did my best as a new investor on the due diligence. I am struggling to see ...
Account Closed
Will real estate agents become obselete?
Hey guys, I'm a new licensee and I'm just wondering will real estate agents face the same future as stock brokers or taxi drivers due to technology? I'd love to sell real estate and make a career out of it but with al...
Joe Butcher
3 X the rent on lower income?
I hear a lot of landlords on here talk about tenants needing to make 3x the rent to qualify. Is this rule still a reasonable expectation in lower income areas?
About the unit I'm renting: I think I can get 10...
Malcolm Darensbourg
Trying to create a system
Hi everyone. I'm currently at 35 units and things are picking up fast. I'm looking to bring my son in and teach him more about the business. I have a challenge perhaps. I've never quite created a system yet. So, befor...
Brian Buckley
Getting started with rehabs
I just want to say what a great wealth of information this website has been and thank anyone who contributes to my post. I am 26 years old and have been interested in real estate for a number of years but have never ...
Paul Sanders
HOA CC&R's written in 1998 now being used to prevent STR's, what to do?
I purchased a property in an area with an HOA in 2020 in a ski town with the intent to build a home on it to live in during retirement (15 years away) and rent until then using it occasionally when not rented to cover...
Roy N.
Economist: Canadian Housing Overvalued by 35% in comparison to income.
... and by 89% in comparison to rents.Australia and Canada share the dubious prestige of having housing prices the most out of alignment with the rest of their economies.The Economist, "Global Housing Markets: Propert...
Debbie J.
Section 8 Tenant wants to add 2 more-should we ask for more rent?
We have a tenant on Section 8 in Missouri. Single mother. She wants to add her son's pregnant girlfriend and, in fairness to her daughter, her boyfriend. "To help them get on their feet". (We are not here to couns...
Rick Baggenstoss
How will Atlanta Braves move impact downtown and Cobb?
As Atlantans certainly heard, the Braves are moving from south of downtown to just outside the perimeter on I-75, Smyrna. The move is only 5 miles, but it's going to reshape the affected areas.
Who wants to s...
Eric James
What causes irrational exuberance?
With all the talk of bubbles, I was thinking to myself, What causes irrational exuberance in people when it comes to different forms of investing??
It always leads to some bust, and yet it happens over and over again...