Matthew Paul
Caught a "stray" cat......
I have 1 house thats been rented to a middle age woman , I was doing some clearing of brush and vines and I kept seeing this "stray" cat wandering around the house .(I have a NO pets policy) So the next day I broug...
Mitch Santos
Thoughts on Sedona, AZ area market?
Have recently considered purchasing a rental property in the Sedona area and wanted to know some honest opinions from others with experience in this market. I've came across some relatively decent priced properties (...
Arcinio Arauz
owner will carry on five homes...
I went for a revisit and coffee session today .After some time, her homes came up for conversation.
Here's the break down....
Five homes free and clear,
owner 82 years old/ daughter 55 years old
Income cashflow:$...
Howard Montaque
Preparing for my first cash out refinance. Not fun...
So I have been driving myself nuts working on the duplex I "house hacked" before I knew it had a name. New kitchen, dealing with tenants schedule, changing the new stove from gas to propane, ect. I owe $150k. The most...
Jonathan Sher
GRM? Cap Rate?
Hello everyone. This is my first post on the forum besides the new member area. I have been reading a book about investing in Duplexes, Triplexs and Quads. So far, the author has expressed his use of GRM (Gross rent m...
J Scott
NEW INVESTORS: CHALLENGE OF THE WEEK!
Here's my challenge for this week to all new (and experienced) investors:
GO MAKE AN OFFER!
Taking action is the single biggest thing anyone can do to make progress on their goals. So, for all you n...
James Wise
"Subject To" Real Estate Investing is Slimy. Prove me Wrong.
"Subject To" Real Estate Investing is as Slimy as it gets. There are ZERO situations where it makes any sense for a seller to sell their property in a "Subject To" deal. The only times these deals happen is when some ...
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 ...
Richard Dunlop
DETROIT and MICHIGAN (#1 Defender answers questions)
Account Closed I Live in Detroit. I proudly live in Detroit. But for the past couple of threads about my fine city I’ve stayed silent to see which direction it would go; but I’m back to answer any questions you may ha...
Daniel Levine
cash out refinancing strategy
I was thinking about a new strategy for growing a rental portfolio and was looking for some advice. I want to purchase REOs with all cash fix them up, rent them out, then pull my original investment out, or at least a...