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We had someone come to Birmingham from Miami over the weekend to check on five houses that he bought for ‘clients’. Here’s a snapshot of the situation: He’s owned these properties somewhere around a yearHe’s never se...
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Ok no money is a bit of a stretch but none the less this has been an epic year! I have put little to no money down and have increased my net worth substantially through forced appreciation, positive cashflow, and debt...
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FRAUDSTER ALERT... watch out for Justin Nguyen in Florida, stealing lenders $ for his own gambling addiction. BE CAREFUL LENDERS & BROKERS Everyone wants to be an EMD lender or Transactional Lender…but here is a ...
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Hello all! I am sharing my RE ideas with my mother and other close family members and I receive no support. Only comments such as bad tenants, you will go broke and save your money. No one thinks like me or likes to t...
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Hello,My turnkey/rehabbed SFR properties have yielded CoC of approx. 75-100%+ (after refi). The average cash flow of all of them is just over $200 per month per door. I'd very much like to continue this strategy as I ...
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Hello! I hope this message finds you all well. My wife and I recently acquired a 4-unit apartment building with inherited tenants, and I'm facing a bit of a dilemma that I'd appreciate some advice on.
Two of our tena...
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I have seen some that say carpet is the way to go in bedrooms, but others that say it is too expensive to replace and there are on-going costs of cleaning between tenants. Personally I have the tenants pay for cleanin...
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I am currently 20 years old and I live in Central Oklahoma with no money or income to invest. I work at a sandwich shop and make $400/Month. I have no credit and all of my income is allocated towards my bills as I am ...
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Just watched the 60 minutes special on the homeless crisis. Very concerning when you realize that we are part of the problem. To keep our business profitable we absolutely have to screen tenants for felony’s, rental...
It would be great to actually hear from people renting in the LA metro area regarding the affordability issues, income keeping pace with investor projected rent growth rates and trend in housing prices. Renters feeli...