Hi- Just wanted know what investors are experiencing in terms of cash flow while using 50% of gross rents. Are you TRULY finding properties that produce gross rents equal to 2% of the properties purchase price??? ...
Hey All,I’m occupying my 3/4 house outside of Denver and I’m working on getting all of the spare rooms rented out. The house has a bonus 4th room with a closet in the finished basement, but it doesn’t have legitimate ...
Looking for advice from some experienced landlords!
In short, we have a tenant whose lease started July 1,2019. Since she moved in her requests and complaints have been incessant. From the initial walkthrough, leas...
I'm reading Dave Van Horn's articleMaybe You Shouldn’t Start an Entity. Consider 4 Alternative Asset Protection Strategies Instead.And it got me curious. Almost everyone suggest getting an umbrella policy since it's r...
I sometimes have to give tenants, what I call an "attitude adjustment".Below is an email that I sent to a tenant. In her email, she talked about invoicing me for when she had to talk to the utility company. I sent t...
What single piece of advice would you give to a newbie to share the hind sight you've no doubt experienced by this point. Knowing what you know now, what would you have done?
While investing in the past 2 years, I have been threatened, I’ve caught mice with my hands, called the police on tenants, done cash for keys and many more interesting things. All this has taught me that I don’t want ...
I'm based in California and have 2 properties in the Indianapolis metro area. The first SFH I've been renting out since 2019. My personal name is on the lease (I don't have an LLC yet) and I'm technically "self-managi...
I want to get some feedback on an investment strategy I used in 2003-2005 that I call the "pre-construction flip". It works like this:Identify high appreciating markets (greater than 12% annual)Identify home builders...
Hi everybody-I knew this would happen eventually, but this is our first instance of a guest leaving our place a mess. The rate is over $900/night and so we were crossing our fingers that perhaps it wouldn't happen so ...