Roy N.
Surprise!! A renovation retrospective of an 1100 ft^2, 2-level flat.
IntroductionThe saga started almost a year ago (September 2014). The relationship with long-term tenants we inherited two years prior had been sliding sideways for some time - their unit was the only one we had not r...
JT Spangler
East Nashville Buy and Hold
I've been looking at investment properties casually for about 4 years, and seriously for about 10 months. Boy, do I wish I'd had my ducks in a row for some of the deals I saw before I knew enough to know what a good d...
Ken Nyczaj
My 2nd direct mail marketing campaign.
Back again and with more action- today 400 letters will start being delivered by USPS. Here is how I went about this campaign:Stepped up from 200 to 400 yellow letters with red ink and pastel blue envelopes to distres...
Luz Pagan
Helppp and about to give up on Contractors
I am currently rehabing one of the house I bought. However, I notice that the project is taking so long. The Contractor we are currently working an the only one that answered in our area has delayed so much and we are...
Alex Varner
Contractor requesting 50% Upfront
Hello,I have a contractor that is requesting 50% of what he quoted the job up front. It isn’t a super large sum of money, but I’m curious on what type of things I should do/look for to protect myself. As of now all I ...
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly,...
Christopher Dunson
Mechanics lien on Flip property for undone work and no contract
I have someone who had no license when doing work for me, and now has a handyman's license organizing and subcontracting work on my flip. Initially, I told him that I may have to wait to pay him $15000 for work done u...
Aaron McGinnis
Flip blog - The heart attack house
With apologies to J Scott - typically, my team and I refer to our houses by the street number. In this case, we have two houses side-by-side, and referring to them by the street number is confusing everyone... so we'r...
Nick J.
WTF!!! I wish I was illegal
So as many know the SB1070 was to go into place at 12:01am tonight but the judge just ruled blocking the KEY components of the law.
Law enforcement are not required to make a reasonable attempt to determine immigrat...
Mitchell Litam
Bought a house with a tenant in it.
Hey guys!Very excited to have purchased my first investment house!!The numbers made sense. It came with tenants that I met. They are currently living there until next Novemeber and hopefully longer.How does that work ...