Katrina O'Bannon
Hard Money Loan Draws
I have a current deal in process and my hard money lender (Zeus Lending) is taking about a month to do a simple draw request for work that has been completed. With this timeframe it will take several months to complet...
Caitlin Jones
Rehab went over budget, now stuck.
Attempted to rehab house to turn into rental. Everything we uncovered just kept adding more and more to do. House is now down to studs and needs at least 100k more work. Should I just sell as is and take the loss? Is ...
Joe Boggin
28% cap rate
total investment for my first rental before i get a security deposit and first month rent is roughly 25k. im planning on 800 a month rent (already rented just need to close). if i can assume 600 NOI monthly (i don...
Ian Handel
First Time Investor - Numbers Help
Hi, could I run these numbers by you and ask you what you think?
I am looking at a duplex in southern NH. It is in excellent condition and is a 2bd on one side and 3bd on the other, both have 2 full baths.
At the l...
Mike Hsiao
Steps to take as Lease is expiring?
As a newer landlord here in San Diego, I'd like to get inputs on everyone's procedural steps they take, as a tenant's lease is set to expire. One of my tenants 1-year lease is set to expire on March 31s, 2024. It's...
Joshua Dombal
Tenants Did Not tell me about Cockroach Problem
My tenants just moved out. When the new tenants were moving in, they sent me a video of cockroaches in the kitchen sink and other areas.My new tenants didn't feel comfortable living there so they are staying somewhere...
Lane Forhetz
Ridiculous Occupancy Inspection
Hello All Fellow Landlords, I have been having a bunch of success in St. Louis (North County). It really is a great area for appreciating properties which rent between $1000-$1400/month for houses under $100k. I am ...
Bill S.
Denver Highlands Duplex Flip
So here it is. I got a call from one of my direct mail sources from a lady selling her mom's duplex. We talked a bit and when she stated her price, I thought it was a good deal so I asked to meet with her. It turns ou...
Cameron Price
Help! 100 year old house. Need advice. Lead, Asbestos, etc.
I need serious input! I just looked at a Historic house in my town that has been sitting vacant for over 30 years. The family finally put it on the market and are asking $80K. The realtor thinks they would take $40K o...
Matthew Irish-Jones
Why your BRRR is going to lose money
Top ten reasons you will lose money on your first BRRRR. This list has been pulled directly from the school of hard knocksGenerally speaking and based on NY building code1. You think the cheapest house has the most m...