Mark Douglas
How in the World does anybody make money with buy and hold????
I've been evaluating my first potential deal for about a week now. Owner-occ FHA 4plex. Pretty good location, steady tenants, etc. I run it through the BP rental calculator..it cash flows $28. Not enough to retire...
Mary Ann
Anyone Rent In an Expensive Area & Buy Cheap Elsewhere?
I've been trying for almost a year to buy a 2 fam house in Brooklyn, NY. Something always comes up, or my private money has moved on by the time I find something. I'm leveraging myself alot here and wondering if ther...
Elliot Rudmann
Will Chicago Legalize Coach Houses / Adopt a pro-ADU policy?
Chicago investors/landlords: I'm curious to know what your thoughts are on this potential change. Mayor Emanuel’s latest five-year housing plan (passed in December by the City Council) included a section that mentione...
Paul K.
Need advice for finding tenants near train tracks
tldr: bought rental property sight unseen due to military orders and buying out of state. Realtor failed to mention that there were train tracks and a railroad crossing right behind the house. Found out after I closed...
Logan M.
Mobile Home Park DUE DILIGENCE Take Aways & MISTAKES OF NON-PROFESSIONAL LANDLORDS
Value Add Mobile Home Park, 2 Single Family Homes, 9 Park owned mobile homes, and 3 vacant spaces.Yesterday, I spent my day walking through this mobile home park located in Utah. It had been on the market a long time,...
John D.
my first auction.com online auction won....intense!
a good deal, $42k purchase price on what's likely a $70k+ value (tenant occupied so we will see), but holy cow......
-2 hour required confirmation after winning bid or they cancel the deal
-Stated 24 ho...
Patrick McCandless
Second position hard money loan gone bad. What do I do?
I've written this thing off so long ago that I haven't even given thought toward posting about it on here, but maybe someone might have an answer to this nightmare. Here goes.In 2005 at the age of 18 I tragically lost...
Manoj N.
A burned carpet and lease extension
My tenant just informed that he accidentally burned holes on the carpet. Apparently this happened a month ago and he was afraid to tell me. His lease is expiring next month, and we were negotiating for an extension. H...
Matt Tang
Broker conflict or potential racism?
So I was watching the MLS like a hawk and found a property that I was really interested in literally within 5 minutes of it hitting MLS. The listing agent's main job is as a property manager, but he sometimes lists pr...
Valerie Hazel Maddox
New from North Alabama
Hi, I'm just joining from North Alabama - Marshall county, just south of Huntsville (I live in Arab). I'm new to real estate investing, so I've got a lot to learn. I went to a seminar earlier this week with NextPhase ...