Luke G.
Large House Split Based on # of People?
So I currently have 65 long term units that I own and I recently purchased my first property that I'll be going the STR route with.Basically, I just bought a large (4300 square feet) cabin on Lake Superior that is ess...
Kelly Foydl
Notes, Cashflow, Interest & Principal
I've been reading for a few days about Notes and they are pretty awesome. I've been searching for some ideas on the area of reinvesting, cashflow and principal. Can someone please post the link to the right threads to...
Virginia Jones
Tenant will not stop asking for improvements
I have a tenant that will start a lease on May 1. The house was already in livable condition but I have improved it by installing a new toilet, painting every room, tearing the kitchen down to the studs and installing...
Jesse Petrillo
Home Inspection Dilemma - 24 Hours to Decide (pics included)
Hello all,I'm in the process of purchasing my first single family rental property as a long-term buy and hold. I'm located in CT and purchasing in the Atlanta area, so I can't see the subject property in person. I rec...
Carrie Purkeypile
Best flooring for rentals
I have always had carpet in my rentals but I’ve been hearing more praise for putting in hard floors for less expense during rental turnover. When I called in a couple of flooring guys for estimates, one recommended vi...
James Denon
Backing out of a great deal because of coronavirus covid-19
This is unprecedented. Once in 4-5 generation event.
I had multifamily that I was supposed to close on next week in Springfield Massachusetts. It was a great BRRRR deal given the hot market conditions. All in with re...
Jason V.
If buyer-seller can't agree on $, will agents sacrifice their %?
Buyer gave me a low-ball offer. Then they came up to $95k all cash, saying that's the best they could do. OK.... Well, I said $99k was the lowest I would go, considering the buyer's agent commission % is really comi...
Carmelo Lopez
When's this bubble going to pop?
Fannie Mae is increasing the DTI to 50% starting July 29th. America's largest mortgage lender is making it easier to buy their first home.
In the last housing bubble, just about anyone with a pulse was approved for ...
Jon Klaus
What would you do with $50K in a SD-IRA?
What would you do with $50K in a SD-IRA? Assume you wanted an annual return of >18%.
Account Closed
Growing my portfolio- 13 units ~$170k in annual cash flow
Hi guys, wanted to share my story for some motivation.I started investing in 2007 as a 23 year old. My portfolio consists of 13 units and the current annual cash flow is roughly $170k annually. Most of my units are in...