Roy C.
The logic behind long term tenants
I don't understand people who are long term tenants, and the logic behinds it bothers me. They are paying monthly rent to other people, which doesn't make sense to me. If they have money to pay rent each month for lon...
Taylor Chiu
My renters are smoking pot...
That title caught your eye, didn't it?I have 4 tenants in this property.So tenant A & B saying tenant C is smoking pot in the house (I've already given her a warning based on prior rumors). Also, tenant B says ten...
Account Closed
Bad neighbors and the slumlord owner next door.
I have a rental in a lower income area that has about three quarters of the people living there are related or friends of some sort. This is a nice place to live except the new monsters next door. Next door a nice hom...
James Pearce
What is my best strategy to start STR with $1M cash?
Hello, new to STR and selling my business. I want to invest $1M into real estate. In my mind, I want to buy a near-beach/ beach front condo/house with cash and use it as my cash flow. Since I won't rely on this ca...
Kimberly Carver
HVAC disaster - advice needed!
Hi all -We have been landlords for 5 years with very few issues. Everything that has come up we have been able to fix within a day. We take great pride in our homes. I am sick to my stomach with an issue we have been ...
Account Closed
What is the Best Strategy to net 1 Million or more in Annual Profit In Real Estate?
I'm currently reading the Millionaire Real Estate Agent which prompts the aforementioned question. Which strategy is best? Flipping? Buy and Hold? Wholesaling? Becoming a broker like on Million Dollar Listing? Multifa...
Wendy Black
Comedian John Oliver on Mobile Home Perils
This made me cringe...We've got mobiles rented in NorCal by people of very modest means and have been mindful of that.https://slate.com/culture/2019/04/john-oliver-mobile-home-rent-rolfe-last-week-tonight.html
Brandon Turner
One of my units got destroyed last night in a flood. What do I do now?
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...
Michael Ealy
BRRR Actual Deal - $2M profit or $15K/mo cashflow: with pictures!
Here's an actual BRRR (Buy-Renovate-Rent-Refinance) deal, with a $2.2M profit if we sell it or a $15,170/month cashflow if we keep it.
But before I share with you the details, a word of CAUTION to the newbie investor...
Seth Macomber
My first Rental, turned into my first eviction :(
I've heard it a million times, "never rent to family." Being the naive person that I was -- possibly still is -- I didn't listen. I rented my condo out to a family member in 2013. By early 2014, I noticed their rent p...