Jolene Blackbourn
How to manage out of state property with no manager
I purchased a house a few months ago. Since that time the manager has not communicated with me, my tenants had no central air all summer and I didn't know and there were many other issues. My property manager quit l...
Yuko Tanaka
St. Louis Fourplex -- Too Good to Be True? Deal Analysis Help!
I've found a property with numbers so good that I'm wondering if I've analyzed the deal incorrectly. I'm a newbie and would really appreciate the feedback! Here's the property: The St. Louis Fourplex (I'm not ready to...
Robbie Knecht
Marketing and my first campaign
Hey BP, Alright so I just sent out my first direct mail campaign of 541 absentee owners that I got off Listsource. I sent out red postcards that have a big "NOTICE" at the top and right below it it says "I BUY HOMES"....
Bob Woelfel
Evicting a tenant who hasn't violated the lease
Thanks in advance for any advice. There isn't enough room to go through all of the issues here, but I'm looking for advice on how to get rid of a tenant who has not violated her lease. She has lived in one of our un...
Account Closed
kitchen renovation with tenants still living there
I plan to renovate one of the kitchens in the duplex i own but i have to do it while my tenants are still living there...and in one weekend. Has anyone had experience with this situation? I'd like to do the cabinet...
Jack Middleton
Using 401K for investing
I am just getting started and I know that there is information on this - have read several things about utilizing a 401K for investing in RE. I am still unsure of how I can use my 401K. I am still employed, but am p...
Michael Shuster
A Little Bit Of Knowledge Can Be Dangerous!
So many people are scared of what is going on in our economy because of what they are told by others. Yet, they really don’t understand what is making our economy tick. I recently received an ‘economic update’...
Elena Koyun
Negotiating price down after inspection
Hello,We are buying our first duplex. After the inspection about to ask for a price reduction. Since this is our first time I was wondering on opinions of others on how much to ask and how to include the cost of labor...
John Wallace
Current DSCR rates? Who's got the best program?
Hi everyone. I'm hoping you can help me find some good DSCR lenders and give me an idea of the going rates? I was quoted 9.75% for a DSCR on a rental property recently. Is that average? High? Low?! As I am shopping, w...
Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
I am selling one property and planning to do a 1031 exchange. I will have about 200k-250k cash from it. Any good area so you recommend for buying a rental property ?