I got out of the stock market in 2009 after taking a $300k loss. Ironically, I had made about the same amount by actually predicting the crash and shorting the market at the top. I thought I could predict the upturn a...
Hello! I own a duplex, live in one side and rent out the other. I had the previous side rented WAY under value ($850 with utilities included) for the past 2 years. My previous tenants moved out and I currently have th...
Ok I am just going on a rant tonight. I get an email from a guy trying to sell me a house I have already looked at and know who is selling it. The price has dropped but I explain to him that I know who is selling it a...
Bought my house in upstate New York this year. The tenants in the other unit were served an eviction notice just days before Covid hitting. The marshals were supposed to arrive but their office closed right after th...
STR... good, bad, or depends?
I live in Frisco, CO nestled between 5 ski resorts, lovely Lake Dillon, and a 1.5 hour drive to the growing metro area of Denver.
We are not alone here, but in Frisco, there is a big wo...
To those who have read my other post regarding this gentleman, here is a bit more elaboration. To preface this synopsis, though, let's be clear that many many mistakes were made on all our (investors') end, so for ...
What would you choose - a 20% cash on cash return in a decent neighborhood or 35% cash on cash return in not the best neighborhood? Everything else being equal.
If you could also explain why you would choose one over...
Hello,
I have a property I rent rooms out to individuals. I literally had cameras installed last week. AirBnB is one of the platforms I use. I installed them in the common hallway, the entry door, kitchen, and a co...
This post is NOT for the wholesalers that are smart, know what they are doing and successfully bring both happy buyers and sellers together. I know some of those guys and this post is not for you.This post IS for all...
Hello all, I have two rental properties in Wichita, KS; both are single family homes that should cash flow around $250 per month but the repairs and fixes that I have had to do over the past six months (and especially...