Victor Boyd
Rehabbing Flooded Houses in Houston (Construction Question)
I am looking at some flooded properties in Houston. They are in various states of remediation, from nothing to having virtually been ripped down to the studs.My question refers to outside frame plywood and vapor barr...
Richard Bader
Turning off Utilities on a rental?
I met a guy today that said he had a couple duplexes and rented them out. He says he keeps the utilities in his name and just charges extra rent to cover for the utilities. He then said if someone is late on their ren...
Phillip Vaughan
Should I use a real estate agent who works for the PM?
Hello, I have interviewed a couple of property management companies who also seem to have real estate agents on staff or as a part of the business. Are there any issues to using a PM's agent or is that more beneficial?
Mikki McIntyre
Need Advice for leveraging private money
I've recently cut ties with my equity partner (50/50) in flipping houses and want to do it on my own. I have a few family members that are willing to lend me a few hundred thousand dollars (for about 10% ROI). However...
Matthew Murray
Conflicted on sending tenant to collections
Hi,I am at a crossroads with this tenant. Background is she’s about 4 months behind in total rent, original lease ended in December, now going month to month because I didn’t want to put her out as she’s a single moth...
David Johnson
Firing My Property Management Company, Need Recs for New One
My property management company is a complete disaster. Abysmal communication, inscrutable monthly statements, high turnover, and just a general sense that an already rudderless ship is sinking.
I'm looking to cut ti...
Richard Warren
Fed Cuts Rate
The Fed announced a Fed Funds Rate cut of ½%. It will be interesting to see what effect, if any, this has on the real estate slowdown.
8)
Thomas O'Donnell
How to Deal With a Mindset Shift Different From Those Around You
Before I bought my first property 2 months ago, I spent a year and a half educating myself on real estate through books/podcasts/Biggerpockets. During this time I managed to save up a good chunk of change (about $15k)...
Jonathan Thrasher
first flip failure, embarrassment, and lawsuits. yay
I guess this is more of a venting post than anything. 2 years ago I bought my first house to flip. Here's the original post. I stopped posting after everything started going downhill. To make a VERY long story shor...
Timothy W Hanson
Fed Cut Interest Rates - Closing April 1st?
I am scheduled to close on a Trailer Park (All tenant owned homes) on April 1st. The current lender sort of threw a curve ball into the mix a week ago by changing the amortization from 20 years to 15 years. The cash f...