Zachary Schimenz
WARNING: Don't Use Ohio Cash Flow unless you want to lose thousands of dollars
I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Seth Mosley
ASSET PROTECTION PODCAST
Hey all..interested to hear some discussion surrounding the recent BP Podcast on Asset Protection (the "YOU WILL GET SUED" issue)So far I have 7 rental properties all multi unit having several units each, and they are...
Dave Meyer
What Do You Think Of This Market? Investor Sentiment Survey.
Hey All, As we announced in a recent episode of On The Market we're conducting some market research to see how real estate investors feel about the current housing market. We're going to roll up the answers and discus...
Tom R.
Private Investor Wants 50% for 0% work Advice
OK, here is the situation I'd like some creative financing / deal structure ideas please.I have a deal/property & I approached a private investor friend with:I originally structured the deal to him as a 'debt' onl...
Mario F.
looming real estate downturn prevent u from buying now?
Hello, I've been on the lookout for my first rental property in the los Angeles market. I may have found one in Tarzana which I put an offer down on but after reading a book called How An Economy Grows And Why It Cras...
Will Spruill
My turkey disaster
I bought two turnkey rental duplex units in Indianapolis last year that came with a one year rent guarantee. The rent protection was thru AON and was paid for by the advertiser that markets turn key homes.
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James Wise
"Subject To" Real Estate Investing is Slimy. Prove me Wrong.
"Subject To" Real Estate Investing is as Slimy as it gets. There are ZERO situations where it makes any sense for a seller to sell their property in a "Subject To" deal. The only times these deals happen is when some ...
Isaac Johnson
Multifamily is the way to go change my mind
I think that multifamily (2-4 units) is one of the best types of properties to invest in especially when first getting started change my mind.
Noah Gregory
Are you getting new tenants during COVID pandemic?
I was planning on buying my first property to house hack in the upcoming fall 2020. Due to the COVID pandemic, some peers and I are unsure if we can count on quickly finding new tenants. What is your experience? I'm i...