Hi, I have been into rentals now for about 4 years. We currently have 12 rentals, all sfh's. What I am finding is that essentially we make no money and probably lose money slightly overall. I was very careful when ...
I'm new here and really like this site. All this talk about property managers makes me wonder. How many of you used property managers? I've heard their rates are usually 5-10%. I handle one SFR right now, but am l...
Hello everyone, I am interested in wholesaling at this moment and want to learn as much as possible. There's tons of information out there and I would like to take in as much knowledge as people are willing to share s...
This is my 2015 L/O Assignment attack plan for 2015. I am totally new & I have no sellers set up yet but Our Master Educators Brian Gibbons, John Jackson & Bill G have me confident enough to approach selle...
When looking to purchase your first investment property, would you prefer a short term or long term rental plan?Would love some pros and cons! Thanks!
Hello BP !!! this might be a bit long but please read along and help out a fellow newbie investor. I am in the process of obtaining my first flip deal. The seller's realtor has been in the business for 20+ years, ther...
As I continue to explore and prepare to be a REI I am finding people around me being very doubtful and advising against. The feedback is always about the headaches, constant tenant problems, constant repairs, evictio...
Do any of you give Christmas gifts to tenants?
If they are "good" tenants, I'll hand deliver a gift card from the local grocery chain. They can use it for gasoline or groceries. Depending on the tenant, the denominat...
Hello, I recently rehabbed a property, put it on the market and it was pending sale contingent on appraisal. The appraisal came in and it came in just $2,000 short. The buyers want to back out since they thought the...
Thinking of purchasing duplex(es) in terrific Dallas area. Looking for appreciation, have long term outlook. These units are new with 1 year builder's warranty. $240K per duplex. Annual gross scheduled rent is $28...