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What are some headaches that a landlord could run into when renting to tenants in a C- and D class neighborhood? Also, what are some solutions for those headaches?
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My wife and I have finally made the decision to leave Southern California and seek greener pastures. We are in our early 40s and don't have a retirement plan or much saved, and we've come to the realization that the ...
Hello everyone, first, thank you ahead of time for reading this. I am a new REI and have decided to start my new career in long term holding rental properties instead of flipping, in pursuit of the financial freedom a...
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BP brothers and sisters, I quit the last job I will ever have today to focus on RE investing. In 2003, while working in corporate America someone suggested Rich Dad Poor Dad to me. Eleven years and 28 properties lat...
I listed a flip in April 2018 at a price even with the surrounding neighborhood $224k ($80/sf) in my market. I’ve had 54 showings and not a single offer. I’ve dropped the price $5k/month and I’m getting concerned beca...
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Here's why I don't like the 1% rule...A buy-and-hold investor should think long-term. The 1% rule doesn't matter as much if you have a 5-10 year investing horizon because it does not take into account appreciation or ...
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So brief background. I started investing in the USA around 08. Ended up in Memphis and with the help of a great mentor really got going in that city. It quickly became obvious that many parts of Memphis were terrib...
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Hello all, I am looking for your input on managing this tenant. He is very high maintenance and I am at my limit. I am not perfect, so maybe it's me... Regardless, please feel free to share your constructive feedback....
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Do most properties you buy cash flow positive? What percentage of properties that you purchase will cash flow positive when rented out? 95%, 90%, 80% or less? What is the risk of buying a property that does not cash f...
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Long post - HELP.I got an email this morning from my tenant that I sent a non-renewal letter to last month. I gave this tenant an extra month to find new housing as it is very difficult to find housing here. She has ...