Jonathan C.
Losing money on turnkey property. Should I sell?
About 20 months ago, I bought a turnkey property in a C class neighborhood in St. Louis, MO. Despite it appraising for the purchase price, I likely overpaid. In September 2023, the renter stopped paying, leading to ev...
Nic S.
I'm getting my butt kicked
I grossly underestimated maintenance and make ready costs for my KCMO portfolio. Operating costs are through the roof and net income is non-existent in my first year of business. I started with 2 SFH turnkeys which ha...
Milena S.
I can barely screw in a light bulb. How many people do I hire?
Hello all,I plan on buying single family and multi-family homes in need of rehab, and know absolutely nothing about the rehab part. So I'm trying to figure out how many people I need to hire and how specialized they h...
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...
Greg R.
Guidance for a newbie please!
Hi all, brand new, zero deals, but motivated - hoping someone with more knowledge that I have can give suggestions on how I should start out in REI given my specifics. In the absence of a mentor, and getting bogged do...
Richard Rodriguez
Lowballing offers on the MLS to get deals
Hello,
I recently read an article that a successful rehabber/wholesaler wrote on sourcing deals from the MLS. Basically, what he was doing was selecting certain properties that fit his criteria and submitted ...
Travis Frenchak
Purchase cheaper cash flowing properties or wait for more...
Just looking for your feedback on something I struggle with. Would you/do you purchase lower cost (50-75k) cash flowing properties or would you/do you continue saving and purchase larger higher priced (200k+) cash flo...
Jack Medford
Madison, Wisconsin - Q2 Report
This is my first attempt at making a quarterly report for the city of Madison, WI. I'll be posting one at the end of every quarter for the foreseeable future, so PLEASE LEAVE ME YOUR FEEDBACK so I can continually impr...
Neil P.
Building a Home and Selling
I found this good property in a great neighborhood, the house is already built however the inside was left un done.The foundation is, the electrical is done. Just the main stuff like the dry wall, all the little stuf...
Amy McArthur
Reasonable Property Management Agreement
I have just purchased my first rental property, and I would like to have a property manager manage it. I am reading the agreement that I received from a PM that was recommended to me, and there are things in that mak...