David Lutz
The Myth of Cashflow – and understanding how to reserve properly and model.
Let me start by saying I am all in on RE. I have an MBA, spent years learning about RE before I pulled the trigger. And when I did, I bought 5 houses worth over $1M in 18 months with only $100K of my own money. So I f...
Philip Bennett
Illegal immigrants as tenants
I have an applicant for a property in Anchorage, Alaska that is wanting to sign a lease for a family member that is an illegal immigrant. The individual wanting to sign the lease is unable to provide a completed appli...
Sean Gallagher
Take the equity? Hold? Sell?
Creative suggestions for this scenario. You purchase a property that winds up having about 60-80k of equity, in need of lots of minor repairs, 3br 2ba. Only property owned, want to build on portfolio and maximize gr...
Account Closed
Trouble Tenants...I'm Overwhelmed
I own a SFH in California which I rented out October 2018. Since day 1, the tenants have been contacting me on a daily/weekly basis requesting repairs.Some of these repairs are warranted (replaced the water heater, fi...
Ben Leybovich
Grant Cardone is Very Down on RE Right Now - Are You?
I saw a perscope by Cardone titled "Real Estate Warning". His attitude is that everything is priced to perfection, which never happens. For an ever-happy Cardone, his scope is quite ominous...If you tell me where you ...
Cameron Riley
Do you Ever Feel “ Landlords guilt “ Evicting Someone?
Situation: My Tenant Stopped Paying and has violated my “ rent to own “ agreement. He is 20 days late, total violation, contract is now void. I have to evict as he said “ I do not have any funds to pay that rent “ - I...
Josh Pulley
Completely new to REI, Quitting career, looking for advice.
So here’s the story, I am currently a Firefighter/ Paramedic in Las Vegas Nv. I have been in EMS for 12 years, and am completely burnt out with the first responder career in general, ( mandatory 96 hour shifts, massiv...
Eric James
Help me understand the advantage of multi's
I frequently hear/read that large multifamily properties (i.e., apartment complexes) produce better returns than SFH or small multifamily (2-4 units) properties. I just can’t see it in the numbers, as I can figure the...
Jay Hinrichs
Where are the renters going to go will market get crushed
So was listening to an economist today that specializes in working with REITS and other top players in the industryhe got on MFHis point was as things shake out.. A and B rents will go down and C renters will leave ...
Nathan Gesner
What's going to happen to NY City?
There aren't enough renters to build demand so prices are dropping. They're dropping so low that Landlords are choosing to keep the units vacant rather than fill them at reduced prices. In August, they warehoused over...