I have looked at 50-100 deals in my area of West Los Angeles. It is difficult to find properties that are cash flow positive after expenses and debt service. Basically, the deals do not look very attractive. I am curi...
So...one of my tenants is claiming that she and her daughter are seeing a spirit in the house. Did not know how to respond to this. If it was a maintenance item I would send my guy to take a look right away, but what ...
Hi ,
I'm looking for feedback on solar panels on my personal home in Massachusetts. I am in need of a new roof soon and have been looking into solar panels on my roof as an option to cut my electric bill. I would only...
Ugh, so today was a big challenge that, sadly, made me pause and question how the heck I'm going to do real estate with a new baby. I know I can do it... I'M DETERMINED TO! But I need advice. How do others do it? ...
Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
So I have a tenant who sent me a text message asking if she could pay $300 dollars now, and another $ 300 on the 16th plus the 25$ late fee. I inherited the tenant over a year ago and she has been very good. Hasn't ...
Well, I am in escrow again... YES! I finished my first flip in March. Sold quick, great $, paid off all my CC debt and cleaned house. Now I have been looking for 6 months for another project! Dear wife is PRETTY ...
I am 48 there I said it.I bought my first property when I was 26, (1995)I have since managed that until now.Since then I've been married, divorced and raised two children.Now I am ready to hit it hard. I have an owner...
@Bill Labrecque and I closed yesterday on a 2-family flip in Southington, Connecticut. As project progresses we will document the progress on this thread.Here are some of the key numbers:
Purchase Price: $87,500...
"So, how many properties do you own?"
I get this question almost every time I tell someone that I'm a real estate investor. Tenants and applicants ask the same question also. I generally respond with a smile and s...