We bought a recently remodeled home (our first investment property) and are about to start getting it ready to rent. We haven't yet handed over the keys to the PM and my mentor is encouraging me to self-manage. The pr...
Hi All,I recently went to my first meeting at the Los Angeles Real Estate Investors Club (LAREIC). They had a guest speaker from a turnkey company named Memphis Cashflow. His name is Clifton Stone, he is their Direct...
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
I've seen many times the advice given to find "investor friendly" realtors to help you find properties. I have two that I'm currently working with in two different counties, both investors themselves. The way it has b...
Hello Bigger Pockets. This is my first post. I recently lost my job here in the Bay Area in CA. And I am at the very beginning of my exploration into passive income by investing in rentals. I have a house that I inher...
Getting ready to list one of my long time rentals. Please give some tips on freshening up the front without going crazy on the budget. Here is what I am thinking but thoughts appreciated...Replace flower post near fro...
Are landlords obligated to contribute to the community surrounding their rentals? If so, do you think landlords in a well-to-do community have less community obligations than owners in low income neighborhoods?
I th...
So... I've got this apartment building under contract. I've advertised it to the two local REIA groups we have here and I have it posted on Craigslist. I've called several people in my network to let them know. I'v...
Hello all. Hope everyone has kept themselves safe. I’m new to the world of real estate investing. I live in Manassas, VA- a pretty western suburb of DC. My issue when trying to run numbers on potential deals is that t...
This may be the strangest thing I have ever encountered in my time as a landlord. Here's a little background info: This property is managed by my property manager. It is rented at the highest amount it ever has been. ...