Todd Powell
Golden handcuffs officially removed
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...
Stacy Gunn
Series LLC - What are the costs?
We are new investors and asset protection is important to us so we are looking to form LLCs for our rentals. We met with a lawyer recommending a series LLC which sounds great but they had a hefty price tag associated ...
PJ Kolnik
About to become a Landlord!
Hi all, I’m just about to close on a 3 unit property here in Chicago. It needs a bit of work with one unit I will live in and another two to rent out. Both have current leases that will run out in March and then I can...
Adam Craig
Upset with property management... Self manage?
I have 23 single family homes being management. The terms are pretty standard - 10% monthly rents - 1st months rent on new lease - $200 renewal.Most of what they do is fine but they are not on top of tenants as much a...
Alex Graebe
Buy and Hold Cash Flow in Sacramento
I currently live in the Bay Area and am looking to invest in a "buy and hold" rental property. Since home values have skyrocketed and properties don't cash flow in the Bay Area, I have looked to surrounding areas in ...
Dan Rushiti
Suggestions if you were in my shoes
Hello all,I am looking for some advice on what you seasoned investors would do if you were in my shoes. I am 30 years old, and have some money ready to invest. I own 3 restaurant businesses that are doing well for me....
Steffan Daus
What defines a Warzone?
I am trying to determine what a good area for me to start marketing to for my market (Charlotte, NC). But I think it would be best, since I am just trying to get started, to avoid the so called "warzones". But what...
David Maldonado
Investing in Las Vegas NV area
Hi everyone,I have been successful with my first two house hacks and have built 3 ADUs in California. I am looking to take the leap and invest in the Las Vegas area due to the insane home prices in California. Competi...
Sharon Hsu
Real estate tax in California
Hello everyone,I live in California but I recently sold my rental property in Ohio. I experienced a loss in terms of property sale and operational costs (managing and maintaining the property etc). Does anyone know wh...
Mike Schorah
Does Cold Calling Really Work?
I went Driving For Dollars and was able to get a list of 994 addresses for distressed properties. I was able to look up the names for 95% of these properties. I finished adding the names yesterday.
Today, I started t...