David Lutz
Reasonable IRR and other metrics on turnkey in 2021
The market has changed so much over the last 2 years, I'm finding that posts and other reference points on what's a good deal from a few years ago don't seem accurate anymore. I'm buying turnkey properties from out of...
Eric Hathway
My manager is advising against repositioning my new multi.
I recently acquired an 11 unit building on the edge of a "C" area that is next to a "B" area. My property manager has been in real estate in this city for 50 years and he is even the previous owner of the building I j...
Will Gaston
Is it ethical and legal to do a "Fixer Upper" lease?
All:I have a 90 year old duplex that is in very bad shape in a great location. Some roof leaks, questionable heat, foundation issues, etc. It's just really old and technically it might be livable, but that's about i...
Joseph Hennis
Best cities in the country for appreciation AND cashflow
My strategy thus far has been to find properties that cash flow $300-500 a month in areas that appreciate. While the cashflow I have earned thus far has been mediocre ($3k-5k/yr for last 5 years), the appreciation has...
Michael Ablan
Short Term Rentals to Traveling Nurses
Hey guys,Looking for advise. I recently turned one of my SFH into a house for transient workers (traveling nurses, ect). I've found great demand for the product, but everyone backs out when I ask them to do the foll...
Amy A.
Is my pre-screening scaring away potential good renters?
Over the years I've found that people do not read my advertisements completely and waste a tremendous amount of time showing property to people who do not qualify. I've recently been sending an email to every inquiry...
Kyle Danielson
Agent telling me to increase buy offer. Is this normal?
First time home buyer here. I'm trying to understand the world of real estate but the longer I deal with this the more I get the feeling real estate agents are like used car salesmen... shady. I told my agent to put i...
Account Closed
SF Bay Area Housing Prices Suffer Largest OneMonth Drop On Record
Looks like some markets are begining to feel the effects of higher interest rates, a "non-recession" recession, and loss of confidence in the job market. I'm sure it's just temporary & will heal like pulling a sca...
Account Closed
If you wish you had one skill....
Okay here's the deal. I'm looking to invest in my first buy and hold property very soon and expand from there. I work as a nurse and I like what I do, it pays the bills, I have excellent job security and I can literal...
Ken Latchers
Water Expense problem
Your advice appreciated with this dilemma:
I am about to close on a 6 family (1987 construction). Rent is currently $2100/month. There is one meter and I JUST found out the monthly water bill is like $300-$350 - I ...