Sean Taylor
Proper Expectations for Low Income Applicants (Chicago)
My wife and I have purchased our second rental property and this time are working in a lower income area of Chicago (South Shore). The average household income is around $25k/year and we have our 1-units and studios ...
Kyle Grimm
Where do you shop? HOME DEPOT vs MENARDS vs LOWES - Benefits?
Hi everyone I was just looking into signing up for the Home Depot credit card yesterday (which I found doesn't have that great of benefits) and I started wondering.. out of the three biggest box stores (Home Depot, Me...
John Dahl
What are the best markets in REI that few know about?
I'm a relatively new investor, and in my market research I've found a lot of the same popular answers for good markets for OOS investors; Columbus, Indianapolis, Kansas City, Birmingham, Boise, etc. What are some of t...
Daniel Whitmore
My Financial Snapshot - What Would You Do?
How does one decide how much capital to invest in their first deal? What percentage of your total assets should go towards a down payment for deal #1? I feel I should plan for the worst and be as conservative as possi...
Jonathan Bolano
How to attract Seller Leads
Hello everyone,I am a new Real Estate agent, roughly 3 months in, and I am either impatient or failing epic-ly at marketing. Here is what has been done, and here is what has transpired in trying to attract sellers.- L...
Joshua Lira
How do house flippers acquire money to finance renovations
I have a question concerning house flipping. I know most use hard money lenders & private lenders to acquire the property but how do they finance the renovation? Do they borrow more than what the purchase price of...
Lance H.
Where are the tenants!!!?
Hello,
I currently have a vacancy and can't believe the lack of tenants this time of year!
In the past I've always had the property turn over in spring/summer. 1 or 2 craigslists adds and my email box is full.
T...
Nick Miller
What do you do to minimize tenant turnover?
When buying a property I always calculate 10-15% for delinquency and vacancies. With my portfolio this is a conservative average however I have a fourplex with small one bedroom units that seems to take a long tim...
Al Williamson
What's You $100 Expense Reduction Tip?
What can a buy&hold guy do to shave an extra $100 off monthly expenses without taking on additional work for himself? Tips I've gathered so far are a combination of the following: challenge property taxes, shop fo...
Matthew Pinkston
Moving beyond 4 mortgages from 6200 miles away (with my Brother)
Hello all! I'm looking for some feedback regarding my thoughts on how to acquire my next buy and hold property. I currently own 4 duplexes in Ames, IA, and after many years of expensive lessons, have finally turned th...