Hi, my name is Michael and I'm new here. :)A little background.I am what I call an accidental investor. Basically, I bought a condo in San Mateo but I had to move out of the area for work during the housing crash. I c...
I created this topic because I'd like to hear from the guru himself - @Mark Podolsky aka "The Land Geek". He boasts on his podcast that he has the best passive income model, and even forces his "guests" to declare tha...
Just a fun post here. I have been a SFR investor for 15 years and now have $2M in rental RE while working a full time career. The cash flow was tight for years it seemed but the snowball of debt paydown is rolling b...
It's been a topic mentioned extensively on the forums, podcast, blog, and in our webinars. EVERYONE seems to want to quit their job with real estate. We know it's possible, we've seen it done. What we don't have is ...
Hello All, So i am in this ever learning adventure to better my investments, i recently asked about managing the properties myself, i have always hired PM in the past so far and one very detailed post mentioned that s...
Bill Gulley posted in another thread that he'd rather have "5 150K properties than 20 32K properties, all things considered. Generally, less maintenance, less management efforts, fewer collection problems, less vacanc...
I had been powering through bp podcasts and feeling my oats, so yesterday I went to an auction of a small trailer park just to see what it would go for. (I had previously seen it with the broker but they were asking t...
I am constantly hearing "Get a REAL job". so i dont talk to anybody anymore. I am glad i found this group, now i can read, see what others are doing, and make connections. "get a REAL job" i inwardly smirk now cause i...
This is not to be apocalyptic but to bring back to the front of people's minds a tradition that seems to have been lost recently. People used to keep pantries with significant stores of preserved food on hand in the ...
I was informed today by my property manager that he keeps all the late payments when tenants pay rent late. Is that the norm or should I contest this? I know it could probably go either way and depends on what is in t...