John Simerson
Rent doesnt make mortgage in california, should i sell or hold?
Hi, im in San Diego California I have 2 properties one property that rents for $280 less than my mortgage and the other that rents for $800 less than my mortgage. Both have a pmi i could wash away probably in a year. ...
Preston Quinn
Rent due 1st and 15th??
What’s up BP. So I have decided to take one of my properties and manage it myself. I have a PM for the rest of my properties. I have one applicant that meets all my screening criteria. Listed below Income 3x rent (3.7...
Tyler Hardy
Is a Multi-Tennent Office Space a Good Idea Now?
At the beginning of COVID I started a new job in sales covering the Southeast. The main goal of the position is to be on the road and in front of customers but these days, that's the exception more than the rule. Now ...
N/A N/A
Who is the appraiser working for?
Hi Everyone -
I am new to REI and am close to doing my first deal. The condo I am looking at seems to be valued between $260K and $280K. I have a verbal contract with the seller to buy it for $217.
The plan is to w...
Joshua D.
(Another Millennial) Just Quit my Job starting June
After reading all the posts lately I thought id'e throw my experience out there. I told my boss I will be done in June... All I know is that I wanna start some kind of Biz. I hope I get inspiration before then. Reaso...
Brooke Roundy
Tenant marijuana smoking nuisance
I have a four unit building in Cleveland, one unit is an STR listed on Airbnb and the rest are LTRs. One of my LTR tenants is a heavy marijuana smoker and the smell is invading my Airbnb. I have now received numerous ...
Neil Narayan
Elon Musk plans to move to Texas
CNBC, working off anonymous sources, reported Dec. 4 that the billionaire who also runs SpaceX and The Boring Company has put his California houses on the market this year and he has told close friends and associates ...
Timothy Mitchell
Should I buy this property that needs a new roof and HVAC?
Hello,
The seller has accepted my offer of $121,200 for a 3 bed/2 bath townhouse. I initially analyzed with the following information and the property yielded a ~$420/mo cash flow and a ~15.7% cash on cash return:
P...
Jeremiah Belin
Owner Financing Question
Can you get a property under contract with the seller and then rehab the home and then try to refinance it with a bank while it’s still under contract?
Matt Dunlap
How to get a tenant out of a foreclosure while evictions are stop
I'm referring to tenants as the previous owner. There is no lease.
We purchased a foreclosure, gave 3 day notice, then served unlawful detainer. Waited the 5 days with no response from tenant. Received the writ of po...