Blake Jones
Do you really require the first, last month's rent + the deposit?
I'm a new landlord. I have a 3 br/2 bath rental that'll go for about $900 per month. I'm wanting to know from more experienced landlords/managers do you require people to give first and last month's rent plus deposit....
Rob C.
Is it really that important to hire contractors that are insured?
From what I've read in the forums it seems that conventional wisdom here is it's best to hire only contractors & handymen that are insured. I adopted this perspective when I started as a landlord as I tend to trus...
Stephanie Yi
If you have 1m, where you would invest and how would you invest?
I often seen discussion in BP that the house price is too high, there will be next crash coming. I am curious what people would do if you have $1m available at this time? Will you hold cash to wait for downturn so you...
Jimmy Chin
First rehab - contractor went MIA
Hey everyone,I'm currently rehabbing a property for rental and my contractor is now MIA. I've tried calling, texting, and emailing but I'm not able to reach him at all. This has gone on for a week now and he has left ...
J. Martin
Recession & Job Loss Predictor: Leads by 2.5 years!!
As I was poking around at the relationships between jobs and potential predictors of job losses, I started looking at a mathematical representation of something less quantitative, that we are all familiar with. This s...
J. Clark Baird
Fix & Flip Property Lessons
Investment Info:
Single-family residence fix & flip investment in Louisville.
Purchase price: $136,000
Cash invested: $35,000
4018 Landside Drive is officially ready to sell!! Located near Hikes ...
James Park
My closing is on June 30th? Should I lock not or wait until i am 30 days out?
My home is closing in June 30th and I will be taking out a 30 year fixed loan for $390k. My ideal scenario would be a rate of 4.5% with one point. I am not out 75 days from my closing date and my loan broker said that...
Jacob Maes
Getting a Solid Contractor
This seems to be the biggest challenge when working on a property. I am working on one right now and the contractor just stopped going so I had to fire him. This is the third contractor I've gone through in the last t...
Account Closed
New in Florida
Hi All,Have been reading posts for a while, and getting a feel for the type of knowledge and advice, the encouragement one might benefit from and contribute to. I am a long-time, buy and hold investor with 3 rental p...
Will Pritchett
First BRRRR loan falling apart
So our first BRRRR property was moving along great. We paid cash and renovated and received a great appraisal. Lender said my retirement account would count as reserves (since we would spend most of our liquid cash on...