Minh Nguyen
My LA eviction story
So I inherited some tenants on a property I closed on earlier this year and had to go through the eviction process. While I was doing my due diligence on this process, I found some difficulty getting details on what t...
Christopher Brown
Airdna? How real are the numbers and data?
So I’ve run the numbers on the airdna website for a property that caught my eye… What came back blew me away. It’s a 16% cap rate, NOI of $50,000, gross income of 96k. 87 % occupancy rate, $154 a night. If this data ...
Jason Sperling
Cash out 401k/IRA or mutual funds/stocks to make first purchase
New REI. Trying to decide whether I should cash out my 401k and IRA or my mutual funds and stocks to get the down for my first rental property. I have about the same $$ in each, and both seem to be performing about th...
Mike Lynch
Confused about the future
Hi
I am a 45 year old licensed commercial plumber from North Carolina. I have my own plumbing business here near Holden Beach, NC and my Wife is a Graphic Artist / Sign Maker who also has her own busin...
Aidan Mulligan
Is this something I can reject a prospective tenant for?
A tenant disclosed to me that the reason they are moving is because there is mold and mildew in the place they currently live. She claims that it has damaged her furniture and caused her health problems. While I sympa...
Michael Kantar
Best method to save money to invest in real estate later on
Hi my name is Michael and I’m 16 years old and am currently looking to build some capital (20k+) to invest later on in real estate. I’m not sure if I should invest in something else in the meantime and hold it (stock...
Mike B.
Alternatives to multi-family?
My sister and I are looking to JV in 2021 to purchase a value add CRE property. Originally, we were looking solely at MF, and while we're still pursuing that asset class we've been researching more about the other ar...
Josh Brimhall
Sell property while the market is hot?
Me and my wife are new to rei. We are looking to buy our second property for long term rental (mixed from traditional rentals to nightly rentals). We are looking to scale to 10 doors in 5 years. We have a property in ...
Evan Smeenge
Social Change Agent: pathetic liberal ideals manifest
I'm curious.How many of you feel you are making a lasting impact in society?This is a question I think about on a daily basis, perhaps you do too.I am a non-profit worker and will most likely be for the rest of my lif...
Jeff Moore
To sell or not to sell 16 unit apartment complex
Hi Everyone,
I have a 16 unit apartment complex that I currently owe $490,000 on. I cash flow after all expenses plus 10% Capex, 5% repair and 5% vacancy about $70,000/year. I have an offer to purchase for $1,300,...