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Just curious - I've never been part of a syndication either as an investor or the syndicator. We own our own stuff directly, and thus can simply ride out long down cycles (as long as we are not over-leveraged) and con...
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Hello to experienced landlords, I just had my first turnover in the duplex and I got following complaint from the tenant. I would appreciate how best to respond to this. Can this be trouble if I just tell them that ...
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Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
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Hey guys.
I currently have a condo flip in escrow and I am having the biggest issue with the HOA.
To start, I made a mistake... At the beginning of escrow when purchasing this unit, I asked for the proper documents ...
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I posted months ago about my plans to leave my high paying W2 position, and COVID did this for me last month. My employer never liked that I had rentals and also flipped some properties, but the truth is he had talked...
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Hi all,
I am a 26 yr old prospective real estate investor. I currently make about 65k-70k/yr at my W2 and have run a small mowing company for the last 7 years which makes me another 12k/yr. 2 years ago I discovered b...
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So I just found out that my tenant has 2 cats. He has been here for about 4 years.What should I do?I have in my agreement that there are are no pets and he would inform me if he has one.What should I charge him?Pet re...
I looked at a house today that is coming up for sheriff sale. The neighbors came out and started talking to me about the house. They had been told by someone hired by the bank to mow the lawn to tell the buyer he i...
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You hear alot about avoiding "war zones". Investing in low income is not some peoples cup of tea, but some people do focus their strategy in such areas. My issue is that even these low income investors, along with eve...
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Hello,
I'm working with a buyer's agent to make offers on properties. I'm making an offer on one SFH for about $170,000. We're also making an offer on a 4-plex for over $500,000.
Given that the 4-plex is more t...