Brian Garrett
Leasing a new car (Conventional DTI Concerns)
So I decided to sell my luxury car in order to free up more capital for real estate deals.I couldn't justify having a lot of cash tied up in an expensive vehicle anymore knowing I could be investing that money.I curre...
Tim G.
300k+ in equity in 3 years, low cash flow should I 1031 out of CA
In 2013 I had some good timing. Purchased a four unit apartment building, built in 1980 with major tenant and management issues. It cost me around $360k all in but I used an FHA203k loan so my out of pocket was around...
Dawn Curry
How much do you need to retire?
I get markets, lifestyles and goals differ.. but how much passive income do you need coming in to walk away from your full time job?
We all are ambitious if we’re on BP.. so what are your goals? What is the line whe...
Robin Grimes
Tenant Applicants say the dumbest things
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
Joey Copper
Why Self Managing Investment Properties is CRAZY
One funny thing about people is that while we are almost always well intentioned, we seem to do a lot of things that are just plain crazy. I, for example, still prefer to eat my oranges by dissecting each into their i...
James C Norman Jr
Fourplex investing with an impending recession?
When is the optimal time to purchase multi-family residential property? With the impending recession, what are some considerations for aspiring investors? What echelons of property should be honed in on? Which shou...
Tim Ivory
Fix and Flip using and OPTION to buy real estate, possible?
Option - In legal language, a real estate option is an agreement that grants the party owning the option, the optionee, the exclusive, unrestricted, and irrevocable right to purchase property from the party selling th...
Joe Senchuk
Lease expires, tenant signalling they will refuse to vacate
I have a tenant who came by way of a temporary housing agency. Their son burned their house and the insurance company moved them into a hotel. The temp housing agency found my rental through Zillow and contacted me. I...
Rudy Centeno
How to work with realtors?
I've read that you should always have a realtor as part of your dream team. How can a realtor assist you? How much commision should you pay a realtor?
Matthew S.
Advice on my father's turnkeys in Memphis, Dallas, and Philly
Hi All,I'm a 30-year old man with two rental properties in the Washington, DC area.As of last year, I've also started helping my father, also based in DC, make real estate investments. He is 60, had about $400,000 of ...