Michael Andrews
Reserves on first MFR
I am under contract on a 12 unit MFR and trying to more accurately estimate reserves for maintenance and capex. I am tentatively planning to buy-and-hold the property to build up the downpayment on the next property ...
Tanisha Blakemore
Best Area in Chicago to Purchase Rental Property
Hi AllI purchased my first multi unit 9 years ago and looking to dive back in and purchase more property. My rental property is on the southside of Chicago and looking to possibly purchase on the North or West side of...
Joshua McGinnis
What 1200 Yellow Letters Looks Like
After some solid legwork, I'm now ready to start sending my first wave of yellow letters (10-50 a day) to my target market and close some great wholesale deals!The hardest part of the work is just about to begin, but ...
Derick Wolf
Hypothetical deal in Baltimore, MD with regards to expenses
This is essentially my first real post. I'm planning on investing around the Baltimore, MD region within an hour or 2 if needed, and I'd like to do some buy/hold/BRRRR deals. I know best practice is to look for 2% p...
Michael Thompson
New to Landlording, Need Resources
Hello! My name is Michael and I'm 31 y.o. I've been listening to the podcast for about two months now and just joined the community. I officially became a Realtor in June so my interest in real estate now matches my...
Brendan Murphy
Opinion: Is this the end of the 'City' as we know it?
With everyone working from home these days, where possible, and with the recent news that companies like Twitter are opting for a permanent remote workplace, I think it's clear that commercial real estate will be seri...
Taylor Zenter
Finding deals
I'm in the San Fernando Valley in the greater Los Angeles area and I'm curious how I should go about finding my first deal for a rehab and flip. Should I be starting to send out mailers, buying from wholesalers, an...
Taylor Kendrick
A question about "appurtenances"
Hi there,I came across a section on appurtenances in my RE course and wanted to explore a hypothetical. First, here's an example of subsurface rights as an appurtenance (from the course):ExampleAn oil company buys the...
David Lowe
How Accurate Is The 2% Rule?
I have been reading about the 2% rule but seriously questioning its accuracy. I got a great deal on a house in a desirable area of Austin for $297k. The rental we are getting is high ($2500) for the area. However, acc...
Leandro Abreu
I Would Not Be Buying U.S. Real Estate
Investor Jim Rogers said "I would not be buying U.S. Real Estate" in a podcast two days ago. He then adds "The Chinese rush to buy U.S. Real Estate is probably a sign of a top in that market." Jim Rogers is a respecte...