Adriel Hsu
How I Made 12 Deadly Mistakes & Still Broke Even on my First Deal
My First Deal and the 12 Deadly Mistakes I MadeThe quick and dirty numbers: Purchase Price: $17,307Purchase Closing Costs: $2000Rehab Costs: $80,748Roof: $6538Foundation: $3000Handyman Labor: $19,284Dumpster: $4378Ele...
Will Gaston
Do You Think My College Students Tenants Busted this Floor Joist?
All:My handyman just called me and said that a floor joist was split underneath one of my college student rentals. Five guys live there and had friends over for the Super Bowl on Sunday night. They claim it was only "...
Manco Snead
Hold or Sell Multifamily with High Appreciation?
Greetings good people,
I'm looking for some feedback on the decision to sell or a hold a duplex I've had for 6 years. In short, it cash flows very well ($1000/month, partly because I put 40% down), is in a desirable ...
Paul B.
Why are there so many ex-engineers in REI?
I've been a landlord since 2008, but only about six months ago did I decide I wanted to get more serious about real estate investing. I'm an engineer by day, which is why every time I hear an investor or a guru say th...
Jeb Brilliant
What's the problem with Detroit? Why Do Josh and Brandon rag o it so much?
Hi All,I found some $20k already rented properties in Detroit online last night and I'm just curious why everyone hates on Detroit so much. @Joshua Dorkin and @Brandon Turner why do you guys beat up on the city? Is it...
Account Closed
I am dumbfounded by the high prices investors are paying for property.
This happens to me time and time again. I just got off the phone with a seller of a house in Florissant MO who told me that 5 other people made offers on his house and that my offer was less than half of what the nex...
Anthony Then
Real Estate Investors! Are the return worth it instead of stocks?
The title says it all assuming you can get back 7% on stock gains yearly, going by current trends this seems extremely conservative, companies today seem to be growing much faster than the historical data we usually r...
Scott Goulet
When do your rentals typically start making money/making sense?
Hi everyone! I'd like to say in a fairly experienced investor, still a newbie at heart though. I have 8 doors over 3 properties. 1 specific property, I purchased in 2019 and in 2019 I took a net $9k loss, and in 2020 ...
Joe Kim
Out of state investing- SCAM! False promise land of cash flow.
BEFORE I say anything. I want to be clear I am totally bullish on real estate investing. But I want to warn people that it is not what you think it is. And share my own journey over the last 3 years.Ok. Out of sta...
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
My wive and I were in Tulum for the second time in about a month's time and love the whole Riviera Maya. So much so that we are thinking about buying an investment condo in a new development that just blew our mind. T...