Megan Moulton-Levy
First fip completed, however, it has been sitting on the market for 3 months! Help
Hi everyone! I am a new investor in the Hampton Roads Va area. In January I rehabbed my first property. The job was supposed to take 6 weeks it ended up taking 11 weeks. The intial budget was 73K including the price...
John Chapman
I never want to own a house again.
I moved to DFW in 2005 about a year after law school and immediately purchased what I perceive as an expensive house. I spent way more than I should have and bought way more house than I needed. Like many people my...
Ned Carey
The 2% rule is the most brilliant ever
The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
Jeremy England
BRRRR refinancing costs high
So 6 months back I bought a sfh with the intention of giving this brrrr thing a shot. I wanted to end up having zero dollars of MY MONEY in the project. Hasn't worked out that way mostly because of the refinancing p...
Josh V.
Cost to replace kitchen faucet?
One of my rental properties in Kansas City is managed by a property manager. My recent monthly owner statement included a $443 charge for replacing a kitchen faucet. Seemed excessive to me so I got a breakdown of th...
Steve K.
Is Creative Financing Becoming the New Subprime Lending?
Rising interest rates have hurt everyone’s buying power (except cash buyers obviously), and inventory is locked up because nobody wants to move and give up their historically-low interest rate. Word on the street is ...
Robert Miller
Unhappy RE agent
Hi you said in a previous post of mine what to tell a realtor to get an accurate ARV.This was a reply by one of the realtors.This was her 1st reply.
Hi Robert,
Thanks for the offer, but I don't think I'm the r...
Daria B.
rehab not flipping - buy and hold worth the cost of fixing??
Hello and thanks in advance for reading/commenting,I posted this here because of the 'rehab' question. I would not look to flip this property since I am looking to add to my b/h portfolio.Please see end of post for p...
Joel Owens
Glad I do not own single family houses!
It seems these tenants feel a sense of entitlement for not paying the rent. They think life problems they have created with their own choices should be solved by a landlord's pocket book.Economics and running a busine...
Tom Vanderlinden
Getting Started and having every deal fall through
I just had my duplex fall through, before we got to closing, because it appraised 45k short of purchase price. This was my 5th in 6 months that fell through. I've been working hard to read and do research after work a...