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I owned a rental property in Adelanto, CA. Monthly rental income raised to $1000, $600 security deposit. This tenant leased for 6 years and just moved out last week. So my PM done the inspection there. Found out I hav...
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Hello Everyone!
This might sound like a no brainer to most of you but I want to hear your thoughts about this situation.. If you are only starting out in REI (no experience and don’t know anyone personally who could ...
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I have 10 SF and MF rentals in several areas, my concerns are with Cape Coral and Memphis. I use property managers in both places. I feel like I’ve seen a few recent issues and curious what other investors have seen.1...
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There's so much in this business that I just don't understand. On a fairly regular basis I will get a call from someone who needs to rent or they want to buy with owner-financing. And they have no money for the d...
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I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).
So the ques...
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Hello,
My name is Elijah. I’d like to share my real estate story with you all:
At 17, I drove to Los Angeles from my small hometown in Vermont. I arrived with $200 in my bank account and all my belongings in an old ...
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Am I the only one that doesn't feel like the ROI calculations are good enough? I have expenses that come up at different times of the year (taxes, insurance, etc) and then I am saving for capex, random repairs, etc. M...
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Hi guys,I did an eviction today on one of my properties and the judge ordered the tenant to leave my property by April 3rd. The tenant owes me 5K in rent.Should I send this to a collection?I am a Christian, the Bible ...