Stephen E.
Move Out Inspection with Drug Dealer?
I have a tenant who is moving out after having been busted with a large amount of drugs (approx $10,000) in the unit. I had started eviction proceedings against him but it seems he has moved out in advance of that ta...
Emily Sulliban
50% Rule- Is it Really a Rule?
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
Jacob Stark
Renter offering 12 months up front
We just started marketing a rental in the Dallas area and one potential renter has offered us 12 months rent up front. We're thinking this is a no-brainer to take (assuming renter passes credit/background checks) but...
Nichole Stohler
Zero to $5M: 3 Mistakes To Avoid
What is stopping you from investing in real estate? Is it time? Money? Lack of experience? Or maybe even limited deals?My husband and I have been there. Done that. Failed. And then…. kept going to our recent close on ...
Ken Latchers
Real Estate Guru Speak - some thoughts
Although I started in real estate some 20 years ago, I have been watching a wide variety of webinars recently, seeing if there are truly useful ideas out there
So far, these are some thoughts I have:
- Value - many ...
Hoang P.
How to borrow more money for investment properties
Hi everyone, I don't have much experiences in borrowing money and would like to ask for advices. Here is my sum up situation:
I bought my 1st rental property in Oct 2008. Currently I own 5 rental properties + my Home...
Patricia Franciulli
contractor madness
I hired a contractor to instal 1100 sf of tile because the Store where I brought the tile suggested him to do the job. After he started the work I noticed that he would leave my job for hours than come back and t...
Christopher Baustert
SFR's and cash flow
It has been years of recovery for the real estate market, and now it's thriving again. With the addition of many moldy homes, and various water damage scenarios and the infamous collapse of a city. Yes Detroit...Past ...
John Hall
Mobile Home Park Flip - May have bit off more than I could chew.
Long time lurker, first time poster.Park is 20 Units, all but 2 are park owned.Paid 215,000The PLAN was rehab units, fill occupancy and sell the park when it was stable for around the 4-500 mark.Fully rented the park ...
Chinmay J.
Replacing Dishwasher nightmare.
When things are not going your way, something as simple as replacing a dishwasher can prove to be a nightmare. I am sure there are more people here who have experienced same total incompetence and lack of professional...