Cliff Rosa
Shorter investment lengthes for higher ROI?
Trying to figure a way in which one could essentially have less than a 50% operating expense. With the 50% rule is it true to say that every year you have your property you will incur 50% in expenses? Im thinking that...
Jay Griggs
23 Year old --- career advice seeking
Hello Everyone!I am new to the community. I'm 23 years old, and I currently work a corporate job. Recently, my father passed away, and I don't know if I should stick in my corporate job or help my mom manage my dad's ...
Account Closed
# Grace days if any, before late charge per day?
It's that time of the month, again!What's your late rent policy?Do you give any grace days in between the due day (ie, the 1st) and the day you start applying a daily/weekly late charge?I've been thinking of doing $10...
Luis Blejer
Occupant won't let appraisal, then I can't get hard money.
I bough a house in Teaneck NJ from the foreclosure Sheriff sale. The house is worth 322k and bought it for $211K . I was planning to use hard money and I paid $43,000.00 but I'm stuck in a vicious cycle.The owner won...
Xavier Jefferson
Houston Texas, The Energy Capitol of The US!
Hello Everyone,
While I'm extremely new to the world of real estate, over the course of the last 3 weeks I have been taking in as much information as I possibly can because I'm very serious about creating a future in...
Kar Sun
Tenant keeps complaining
My AC has gone on and off for the past week.
We are checking on it daily and additional fixes are required.
It will probably take additional couple of days to fix it as it has been trial and error.
We are keeping t...
Diane Caballa
Tenants lease is ending but they don't want to leave due to a medical condition!
My tenant was notified in November 2022 that I would not be renewing their lease which was due to end in March 31, 2023. They just informed me now (March 2, 2023) that one of them is having open heart surgery (pre-pla...
Kar Sun
Tenant is unhappy with the rent increase
I have a tenant that pays on time and keeps place clean.
I also offer him a desirable place to live that is being taken care of.
To me nice tenant is not the one who expects me to subsidize their rent.
I provide a...
Charlie MacPherson
Universal Rent Control? Cynthia Nixon has proposed it for NY!!
I try to avoid political discussions, as they never lead anywhere good in the business world - but this one strikes at the very heart of REI. Former "Sex and the City" actress, Cynthia Nixon is running for Governor o...
Mike H.
What investors really need
What we really need is for local banks to start doing commercial loans on investment properties (SFH) again.
I know some states are still doing these types of loans. But here in Illinois, our local banks have complet...