I'm turning the community in the hopes that you can talk me off the ledge. Or at least provide some support or advice. I dreamed of investing in real estate for years. I networked my ass off and managed to buy four pr...
Hello everyone,
I've heard that some people will tell their tenants they are the property manager so that when a dispute comes up they can say the "owner" is the "bad guy" and not them. On the other side of the coin,...
Hello investing friends! My very first "flip" went live on MLS today. What a great learning experience and it was definitely very different than what I've seen on HGTV. :) Nonetheless I LOVED the process.Before/after ...
The story you are about to read has transpired over the past 6-8 months. There are areas in which I made mistakes and contractors made mistakes. This is completely factual, and, looking back on it, was a great learnin...
I am a bit frustrated and hope this will be received well. This also may be somewhat lengthy as I just need to vent some. I have a 15 yr background in account management/outside sales. My husband (a Chiropractor) an...
I am about to dive deep into a 1031 exchange and the end result could be 2 SFR in 9 locations compared to my current 3 SFR in 3 locations. All my properties are turnkey managed. So far I have always had individual ac...
yep, about a foot of water in my basement apartment in my triplex. Called the flood insurance company, but my deductible is fairly high ($5k) so I'm looking to still do this cleanup on the cheap. Anybody have any good...
I have done a lot of studies of listed Milwaukee properties, particularly those listed below $50k. I am surprised to see a couple of investors are unloading their properties by selling in bundles. Their properties a...
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
I invested in a property in property in San Diego in 2015, whose numbers were indicating it was going to be cashflow negative by a couple hundred dollars per month. I was a little surprised at the near universal advic...