Christopher Morris
Is Relying on Cash Flow Feasible?
Listening to all of the podcasts and reading the BP books / Rich Dad Poor Dad types makes it seem like building a portfolio and scaling smart could lead to early retirement and living on cash flow that ultimately repl...
Mark L.
How to invest my life savings of $250K?
OK, long story short... I bought a unit with 20% down about 5 years ago, fixed it up very nice, rented it out, paid off the mortgage note, sold it, saved up more $, and now I have just under $250,000 in my high yield...
Sam Grooms
First Flip. In California. Sold in 24 hours!
My wife and I have been analyzing wholesale deals we come across for almost a year, but the numbers never work out. We wanted to start doing quick flips, just in case the market took a dip. Our current project in Phoe...
Josh V.
Cost to replace kitchen faucet?
One of my rental properties in Kansas City is managed by a property manager. My recent monthly owner statement included a $443 charge for replacing a kitchen faucet. Seemed excessive to me so I got a breakdown of th...
Jenessa NeSmith
Starting an Airbnb and STR management company
So I have been an Airbnb host for about a year and a half with my primary residence (in-law suite in the basement as well as private rooms) and just got our second property up on the Airbnb market. My wife and I do a...
Ben Roberts
What would you do with $1,000?
Background...I'm in Memphis Tennessee and I've done a fair amount of research, enough to know that I need to jump in already. I have a little knowledge of my market and a little knowledge of real estate. I have a de...
Jonathan Sher
GRM? Cap Rate?
Hello everyone. This is my first post on the forum besides the new member area. I have been reading a book about investing in Duplexes, Triplexs and Quads. So far, the author has expressed his use of GRM (Gross rent m...
Amie D.
What tenant paperwork can an owner view?
New property managers moved a tenant moved into a rental house I own on May 2. I do a drive-by and talk to the neighbors about how my properties are going about once a year or two, as I'm an out of state owner, and I ...
Dean Julie
So here's my dilemna
In general, I love to work on and see a project complete successfully. I currently work as an IT computer administrator, and there is a never ending line of projects to complete and I love the feeling of completing th...
Daniel Tisdale
Buying a Rental Property that has negative cash flow in Austin
Hi,I have been presented with a very unique and rare opportunity to purchase the home right next door to me in a very hot neighborhood in Austin, TX. Because of this opportunity to potentially sell both lots to a deve...