Pierre M.
Realtor's Duties & Responsibilities
As a newbie Investor, what qualities do I need to look for in a Realtor? Maybe some experienced Realtors can shed some light as to what kind of service a new investor can expect to receive from a Realtor.
What ser...
Stewart McMillan
Wait, what?! Tenants Violated Lease and Want 2x Security Deposit?
I recently had an issue with the power going out in a Chicago unit of mine. ComEd turned the power off due to non-payment(though ComEd never warned me or tenants which they are required to do by Illinois law), but I h...
Andrew Emery
Failed sewer scope, should we walk?
Hi folks, we are into our second potential deal that might blow up.My question is should we walk away from this deal? We have had the sewer scoped twice and found an offset both times, and we are asking the seller to ...
Marissa Myers
Calif’s new granny unit law & ADU flips: is CA the next Portland?
I am happy that California has passed a new law that eases restrictions on secondary units, effective January 1. When Portland did something similar, it sparked an ADU boom. Permitted ADU projects skyrocketed, and a c...
Karen Smith
Key Qualities to Consider in a Borrower Before Offering Private Money Loans
What Qualities Should You Look for in a Borrower Before Offering Private Money Loans?
Vasant R.
Putting offers in on properties - Be 1st or be last
I've been having a hard time finding a property to purchase. As soon as I seem to find a decent property there are multiple offers on it. I've ended up putting in the offer anyway, but nothing has come out of it yet. ...
Samantha Jee
Heeeelp!! Tenant issues and mold
I'm not a professional landlord but we have a condo in LA that we rented out b/c we moved states due to a job. We've rented for 3 years with zero issues. 7 months ago we rented to a girl named Sandi and another girl n...
Mitch Davidson
New STR Restrictions Coming for the Asheville Area
As you may be aware, the City of Asheville (about 2/3 of Asheville is in city limits; the rest is under county jurisdiction) has had strict STR regulations in place since 2016. Basically, you can't STR an entire home ...
Robert Quiroz
Why are a lot of MFH being sold with rents under market
I've underwritten around 30 deals so far, mostly in the Ohio market. I'd say that 85% of them have rents that are 10-15% under market. If the way to increase the selling value of a MFH is to increase NOI by increasi...
Ashley Petersen
What would you do with $60k if you’re goal was $5k/mo. income?
What would you do? You have $60k in the bank to invest however you want. You might be open to opportunities all over the country. Your goal is to generate AT LEAST $5k revenue per month in less than 2 years time. What...