Leslie Crosten
HELP! To stay or back out of deal???
We are under contract on an over/under duplex and in a sticky situation... I need help! So, we were supposed to close on this property Friday Sept 4th. However, closing was pushed back maybe a week or so according to ...
Julia Stroud
Thoughts & experiences on overseas investing for new REIs?
Hi everyone! I've searched the forums for this topic but haven't found anything really from more recently than about 5 years ago. I am a new investor living in the US. My ultimate goal is to own properties in the US, ...
Daniel P Willis
How does the Cap Rate Work
So I have a single family home and a trailer that I rent out and my wife and I are looking at purchasing a triplex or quad. How does the Cap Rate work and at what time does that become relevant? I always try to learn ...
Nick Doria
Looking for the must haves when Creating Landlord policies.
Working on creating my policies for becoming a landlord in Chicago, IL before i buy my first building because of the highly ambitious goal of having 1000 rental units by the time I'm 40 (which will be in 13 years from...
Mitchlyn D.
Duplex under contact but pitbulls next door. Should I be worried
So I have a duplex under contract
- In a C - area, - All Brick exterior, - Cpvc updated, - Electrical looks good, -Both AC are 8 years of age, - Roof looks good, - Tile floors, - Rent should be around $1200 gross mon...
James Wise
James Wise turns down $500,000 TV deal.
A couple years ago we turned down a deal to do a TV show with the producers of the show Ice Road Truckers on the History Channel. That was a tough decision because the typical pay for a deal like this is $500,000.At 1...
John Matthew Johnston
They're drawing on my Cabinets!!!
My first rental is a B class SFR, Rent 1500/month. I put all new finishes and it LOOKED really nice. I went to do my first rental inspection after 5-6 months( while doing a walk through with an appraisal company to BR...
Eric Delcol
Why do some people try to sell their house without an agent?
I'd like to pose this question to anyone who has insight into the 'off-market' market.Why on Earth would anyone not use a real estate agent to sell their house?It reminds me of the people who attempt to perform medica...
August Faustino
Has anyone used Memphis Cashflow to Buy Turnkey Properties?
Hi All,I recently went to my first meeting at the Los Angeles Real Estate Investors Club (LAREIC). They had a guest speaker from a turnkey company named Memphis Cashflow. His name is Clifton Stone, he is their Direct...
Khalid Johnson
Mice problem will cost $1800
I own a rental property and the house has numerous mice. Professionals came out and said the house needs to be sealed for a total cost of $1,800. My wife went into the hospital and I cannot afford to spend $1,800. All...