Owen Dashner
Poof - 2 years of cashflow on 3 houses gone in one day!
Attention skeptical wannabe landlords who think there is NO WAY rental property expenses run 40-50% of income, or that rent minus PITI = cashflow. This post is for you:I always dread the first few hot days of summer....
Jimmy S.
How would you handle this?
O boy here goes try to make a long story shortHad first, last and security upfront.Couple moved in july, he was arrested in september.Rent was due September 1st never paid still as of today. I was forced to use their ...
Lindsay Wilcox
First Tools to Buy?
I'm about to go straight from renter to triplex owner-occupant. I'm an exceptionally fast learner and have at least average coordination, so I love the idea of learning to do as many things as possible myself.
If I w...
Justin Bautista
Tenant put 38 holes in a room - take their security deposit?
Hey everyone, hope y’all are doing alright. My tenant just moved out and she left 38 small holes in a room. Should I and could I take their security deposit or portion of it? What would you do? She also lost one of th...
Leslie Crosten
HELP! To stay or back out of deal???
We are under contract on an over/under duplex and in a sticky situation... I need help! So, we were supposed to close on this property Friday Sept 4th. However, closing was pushed back maybe a week or so according to ...
Yuvaraj Vimawala
How to handle emergency situations with tenants (AC issues)
Hi fellow landlords,This year I have been particularly lucky to have 3 AC units blow up and 2 properties have flooding due to sewage back up in my properties (all SFRs). I wanted to ask the experts here if there is a ...
Javier Molina
First Investment question
So I have been wanting to invest in real estate for a while now, as it is part of my retirement plan. Been waiting for a good time and have finally decided to pull the trigger. Worked quite a few numbers, and found a ...
Brian Burke
Cat Litter House: Flip # 653 and it could be the worst one yet. Look at the pics and you decide.
Some flips are easy...paint, carpet, clean, and list. Then there are the hard ones. I've never posted a diary of a flip before. With over 600 flips under my belt I sometimes think that I've seen it all. Then I see...
Stephen S.
Tell me how you feel about allowing pets?
I love animals. Well; unless they are trying to hurt me - then I don't like them. But in general; I have had, and enjoyed having, pets. But now I do not have pets. I don't like the smell of them, I don't like cl...
NIcholas Hamel
“If its on the MLS its already a bad deal”
“If its on the MLS its already a bad deal”Ive heard this a few times already. I dont expect great deals to jump off the page at me but am i really missing out by relying on the MLS to find a good deal?