Jorge Vazquez
Why do I hate rentals!
After selling rental properties to investors for 20 years, the common denominator why people hate rentals is because they don't like managing the rentals. I always tell investors to spend their time educating, improvi...
Adiel Gorel
Will COVID-19 Cause a Recession?
As we all observe and fear the Coronavirus, we see many cities under “shelter-at-home” restrictions, and many “non-essential” businesses closing. Then on the other hand, the Fed lowered rates almost to zero, and mortg...
Account Closed
Can I reject an applicants request to withdraw their withdrawal?
Lol no this is not a riddle. I actually had an applicant that was going through the screening process with the HOA of my community request to withdraw the lease agreement. The applicant did not want to wait any long...
Jerry Poon
Financial Independence Lifestyle: Before and After
For those of you who have jumped into real estate investments to reach the goal of financial independence, what is the lifestyle you have visualized for yourself after you have done so?For those of you who have reache...
Marc Estepa
Hawaii Landlord using $4000 deposit to fund carpet remodel
Aloha. I have a situation in Hawaii I am looking for guidance with. My family had rented a 3000 square foot home from 2016-2020 with two large mastiffs. Bottom line up front: The owner is hinting at replacing his e...
Lauren Van Riper
Tenant wants extension - you will not believe the reason
Long post - HELP.I got an email this morning from my tenant that I sent a non-renewal letter to last month. I gave this tenant an extra month to find new housing as it is very difficult to find housing here. She has ...
Ricky Cassidy
Investing in Tulum, Mexico
This would clearly be a very risky move, but has anyone considered buying a vacation rental in a vacation based rental market such a Tulum, Mexico? Unlike certain sub markets in the US that are very hot right now due ...
Pedro Torres
Cash vs Financing on low cost properties?
Hello everyone, I'm looking into buying my first property. Currently I have 25k in cash (with 2k added each month from my 9-5 job) and was looking to buy in the east (Milwaukee, Cleveland, or Detroit areas), because o...
Tina Garcia
Adverse possession claims after being forced out of home.
I am a single female who recently moved into a home that had been vacant for a number of years. I did all my homework regarding ownership, heirs or wills that may have been deeded to a friend or distant relative upon ...
Phil Mays
Property Manager "gotcha"
So I signed up with a property manager on my NC property. I'm paying 10% for their services. Last month my tenant was late 13 days on his payment. I just assumed that the late fee collected was going to be paid to me ...