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I live out of state and she has been managing my 3 investments for several years. Even when they are fully rented, I rarely show any positive cash flow, rather I just stay afloat after mortgages are paid! I feel like ...
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I recently started my REI venture in the Detroit area 1 year ago and I have been trying to figure out a good strategy for how to continue scaling while covering costs per property. The issue I'm running into is with t...
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When I was a kid, I would look at the cars as they would drive down the road. All of the cool cars I would either think to myself or ever say aloud to myself, "That's my car." And when I was asked how much money I w...
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Hi Everyone,
I've been interested in real estate investing for a while now. It's taken a long time to get my credit straight and debts paid down. I'm still working on build cash reserves for down payments etc. (ver...
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I have 18 windows to replace in the next few days. To keep my interest up and to keep myself accountable, I'm starting this thread. I am a self-managing DIY landlord specializing in 70-100 year old SFR properties in m...
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I have searched the forums and blogs on the subject, and it seems to be slightly leaning toward CPA/professional preparation.I have used a professional for the last 10 years and each year, my costs have increased (we ...
I'm working on a rehab for rental and pulled up the flooring (vinyl floor and carpet) and noted there was a ton of moisture (wet) in the existing wood floor. The house when I bought had been vacant with utilities shu...
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Hello RE friends,
In an effort to move beyond theory (e.g. reading, speculating, postulating) and into practice there was a need to invest in a commodity.
Commerical paper doesn't seem as interesting because it's ...
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As I read posts, comments, reviews, etc about crowdfunding, I am increasingly coming to a swift realization. And it is that most people have hijacked the term "crowdfunding" and use it almost synonymously to mean "inv...
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Hello BP!
One mistake I think many new landlords, myself included, make when starting out is that they don't think about WHO they want to rent to and WHAT unique value / amenity they have to offer those rente...