Jason Dale
How do you manage/keep track of money?
Hello everyone,I have my first rental property already rented and I am looking for the next one, but I'm wondering how everyone manages money? Like day to day income/payments, and what systems are good to get set up? ...
Jared Garfield
Do You Own Your Business or Does It Own You: Flip or Buy & Hold?
As an experienced real estate investor, having already owned dozens of properties and a real estate brokerage, I found instant wisdom in Robert Kiyosaki's "Rich Dad, Poor Dad." I read the book and thought, "This guy ...
Joel Davenport
Tenant with no furniture
I had a house that caught fire last night. Hopefully just minor damage to the fire place and roof damage. However, the real question is, do you ever have tenants with little to no furniture? One of the firefighters sa...
David Levy
Benefits of Selling to a Wholesaler
Hi everyone - I'm curious to get some opinions here. It seems that one of the biggest keys to wholesaling is to be able to "sell the benefits" to a potential seller. So when you're talking to a potential seller, and t...
Christopher D.
Lease Sandwich, no option
I'm considering doing Lease Sandwiches, without the Option contract, and would like to hear some pros/cons from anyone who's done it before.My reasoning:1. Hot market, competitive area. No reason for a seller to sign...
Jane S.
tenants running business from rental
Just wondering what the consensus is on tenants who run a business from my rental. I think they should pay some percentage of rent since they are using a residence as a commercial entity. what do you think or have you...
Bill Fried
Why do SF Bay investors skip Fairfield/Vacaville for Sacramento?
I've been looking around the Sac/Folsom area for singles, duplexes, and quads recently and this time on our way back home to the Bay Area we stopped in Vacaville and Fairfield and found they were both very cute and re...
Kimberly H.
response script when tenant asks for security deposit back early
I have good tenants that gave me several months notice that they were moving out. Now there is about 2.5 months left, they just read the lease and see that we don't give the security deposit back until up to 45 days a...
Corby Goade
Late Fee "grace period." Why?
Most leases I've seen have a "grace period," rent is due on the first, but a late fee is not assessed until the 3rd or the 5th. We've had this in our leases and it has not served us well, and to be honest, we have inc...
Devan Mcclish
Closed 3 Houses Today!!! $$$$$
Today was a day that we all look forward to in real estate. It might not come very often, but when it does, it's a great day. It's called payday! I closed three houses today alone. Below I will walk through the deals ...