Greg Gaudet
Enforcing purchase contract - seller canceled breaching contract
Aloha all, I’m buying a rental property, half way through escrow (45 day escrow bc I’m using a mortgage since sellers not in a rush). I found the deal off market, but still suggested the seller pay a realtor 1% to wal...
Jason Malabute
POTENTIAL OBSTACLES OF BRRRR
What are potential obstacles when trying to BRRRR? For example:1. Are there cases when you can't refinance ?2. If you buy the property in cash can you refinance?3. Do you have to have a W2 job to refinance? Do you ha...
Account Closed
Investing out of state in Milwaukee and Indianapolis, looking for local contacts.
Hello everyone,My name is Anup Patel and I am Real Estate Investor based in California looking to invest out of state. I have some experience investing California. I looking for buy and hold properties as well as flip...
John Teachout
How are you buy and hold investors resisting the urge to sell?
We are buy and hold investors primarily seeking cash flow that we live on. We typically buy SFR fixers and do some "forced appreciation". Our portfolio is still in the growth stage and we would like to acquire a few m...
Derek Faller
What are some good cities for cashflow?
So I live in Bend, Oregon and have been doing flipping and rehabbing up here, but getting properties to cashflow up here is really hard. I do have a rental house here that cashflows, along with one in San Antonio t...
John Barrett
Case Study - Actual Cost of Eviction & Rehab of Unit - In Washington State
I created this post to address a question I get from many other landlords. What if I have do an eviction (and what will it cost)?During the pandemic many landlords in WA State were prevented from evicting problematic...
Mark F.
How much does that Starbucks habit REALLY cost you?
I just finished Money: Master the Game by Tony Robbins. Great book! One part that really hit me in the book was the long-term opportunity cost of "little" splurges like regularly hitting Starbucks or eating out. Relat...
Danny N.
Pay Off Mortgage On Rental Or Buy Another Rental With The Cash?
So I have 1 property worth $650,000 in miami beach, I still owe $232k on my mortgage, Im making bi-weekly payments and paying an extra $1000/mo and its leased for $3500/mo and maintenance + taxes are around $1300/mo. ...
Will Barnard
Take the Tax Hit or 1031?
I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).
So the ques...
James Khail
Best place to invest for a California resident?
I'm in a bit of a unique situation in that I'm a California resident and can only invest in properties all-cash for religious reasons.
I'm not able to use leverage/loans, and I know and accept that investing all cash...