We are looking at deals in the declining area with very good cash flow. By declining I mean the population has been going down for the last couple of decades. Do you think it's a good idea to invest in this kind of a...

On December 2, I closed on a 7 unit apartment building. When I made the offer, I saw a lot of things, but the two most common were disaster and potential. Due to the size of the place, the insane income numbers, and t...

What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...

Hello all,I plan on buying single family and multi-family homes in need of rehab, and know absolutely nothing about the rehab part. So I'm trying to figure out how many people I need to hire and how specialized they h...

Hi investors,My first tenant moved out after 7 years and it is costing me $7-8k to fix!  What's your average move-out reno cost?  And how many years of cash flow is it wiping out?  This is my first move-out and I"m fi...

Hi Everyone!

I have a 5800sq ft, 4 unit apartment building in New Brunswick, Canada that I bought a couple of years ago. The building is quite old and has lots of old/dated wiring that has made it un-rentable until i...

I'm a hands-on blue collar type landlord thinking about changing my business model to scale up my number of rentals. I would appreciate thoughtful input about how you decide on rental scaling and business modeling.Abo...

Hi,
This is a bit of a follow up from my previous post. I'm very interested in a REO property that's about to come on the market soon. I tried to buy it as a SS but it ended up at foreclosure. The bank had accepted my...

I'm sure there are a few posts for this floating around, but I wanted to bring it up again and open up some ideas.

How do YOU get the banks to accept your offer, either short sale or REO?

My first (and only, to da...

I'm in the middle of purchasing my first flip and I'm getting a little nervous and would like to make sure I'm doing this right.  I live in California and the house is in Texas.  This is a major renovation (close to 1...