Jimmy Chin
First rehab - contractor went MIA
Hey everyone,I'm currently rehabbing a property for rental and my contractor is now MIA. I've tried calling, texting, and emailing but I'm not able to reach him at all. This has gone on for a week now and he has left ...
Spencer Gray
Rent Control: Investing in California just became less attractive
This is a bit of a rant, but I had to get it off my chest.California, following in the footsteps of Oregon, once again is acting with emotion and without reason or a sense of how economics works by passing a cap on re...
Rodney Buford
**Scam Alert** Kansas City Private Lender - Michael Treat
A gentlemen by the name of Michael Treat has joined many of the Kansas City real estate meetups (ie. Kansas City Real Estate Mentoring and Network Group) but he has joined all of local meetups and networking groups re...
Jon Klaus
Early results on yellow letter mailing
The mailing arrived yesterday and I started getting calls shortly after noon. I just checked my call history and I've had 28 calls since then. The mailing was to a list of 465. This is the best response rate I've h...
Mark H.
$500,000 in cash. What to do.
I have yet to purchase any rental property. I have made my money overseas from savings. I do like owning some stocks, but I now want to diversify into real estate. I have $500,000 in cash. I do not want to rush in...
Naga A.
Atlanta is at the bottom according to Major US Metro Markets Forecast. Why?
Sorry, I cannot past a link properly, but according to
http://www.clearcapital.com/company/MarketReport.cfm?month=January&year=2012
Kim Hud
Deal or No Deal: Fourplex in Virginia
In less than 30 days, when I close on this deal, this will be my first real estate purchase. My plan is to househack this fourplex.
I’ve run the numbers using the BiggerPockets calculator and my own spreadsheet. Ev...
Chris Pochari
Net worth must be equal to loan amount?
Hi guys I'm new here but I've been puzzled over this question for a while. If commercial mortgages require that the investor have a net worth equal to or greater than the loan amount than isn't the idea of a 30% downp...
Adam K.
Analyzing A Deal. What are we doing wrong?
We found a good deal on a duplex in Puyallup, WA. Duplexes in this area have been going for $380,000 and above. After running the numbers, it does not seem to be as good of a deal as we thought. Are we doing something...
Nick Frey
1031 in less than a year (short term capital gains)
Property A was owned by LLC A 50/50 me and another partner. After five years of LLC A owning Property A, I created LLC B with two extreme-minority partners (0.5% each, as a formality for lending purposes) and bought ...