Francisco Hernandez
Puerto Rico: Gold Mine or Fools Gold?
Hello All,What are your thoughts on the mass exodus of citizens out of Puerto Rico? Are you hopeful that the economy will pick up and investing in this market will be fruitful in the long run or are you staying clear...
Alyssa K.
Early Lease Termination due to Military Orders
Tenants submitted notice of early termination, 2 months into their lease, due to military reassignment. I’m using the TAR lease (Texas), and there is a military clause. My understanding of this clause is that it allow...
Tony Wooldridge
What is your FREEDOM number (#)?
I am a relatively new but very active newbie to REI. I have purchased my first investment property which I am in the process of flipping right now. I listen to BP Podcast in my car on my commute to and from my 1.5 h...
Heidi Kenefick
Just walked away from my first deal...horrible inspection!
Just walked away from my first deal. I’ve been looking for several months for a two family, in a good area, with potential for value add through renovations. I found a single family with a detached cottage already ren...
Alex Deters
Is it a good or bad idea????
Me and my wife are coming into $1 million here soon. We do not want to "work" full time. If it's even possible, would it be a good idea to buy a multi family, hire a property management company and just sit back and c...
Scott Ficek
How do you screen prospective tenants?
I thought I would throw out a topic for discussion....Tell me about the process that you go through to screen tenants.
Donna J
Is it possible WAMU will lower my principal?
We have an investment property that we bought in 2004. We had an adjustable rate mortgage, so we refinanced in 2006 to a fixed rate, because we were to afraid of what the rate would be if we waited longer. We have a f...
Adam Jaken
Las Vegas in the next 10 years will explode!
Hi guys and a happy Saturday to you all.
I think there is a huge opportunity in Las Vegas right now especially with what is set to arise in the horizon. Here is a list of all things I have seen going on in Las Vegas...
Sarah Larbi
Who has the best tenants ever? Great tenants DO EXIST
One of my properties I have amazing tenants; granted I do many nice things for them in return but they are amazing nonetheless.
As an example they gave us a hand made gift basket for Christmas with candles, body loti...
Ronnie Holbert
Should I pay down rental property?
I have a property that has a cash flow after expenses of $175 a month. My question is should I let that money build up in an account or apply that money to principal on the mortgage?