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 ...
Shiloh Lundahl
Absolute BEST Investment
While teaching a class on parenting the other day, the subject of teaching your kids about money and investing came up. I posed to the group the question, “Which Investment gives you the best return?”1. Stock Market (...
Account Closed
"Replace Your Mortgage" HELOC Strategy
Hi all. Apologies if this topic is addressed in another part of the forum; I've checked through and couldn't find anything which specifically addressed my question. I am a young investor with no experience when it com...
Andrey Y.
How to determine how many investment properties to buy
First of all, I really do appreciate all the helpful guides and discussions on here to help educate a new REI such as myself.We can all invision the statement "It is better to purchase 5 properties at 20% down, and fi...
Becca F.
Overleveraging, net worth, cash flow and headache factor
I currently have 3 SFH rentals solely owned (1 in San Francisco Bay Area and 2 in Indianapolis metro area) and 1 apartment building in the Bay Area with co-investors). I have a lot of equity in the Bay Area house and ...
David Beard
Turnkey sellers - why are expenses ignored?
It seems that turnkey sellers are sprouting like mushrooms, not unexpected giving all the distressed inventory being snapped up.
Current practice by the largest turnkey sellers strikes me as questionable. Here are a...
Steve Rozenberg
Is Allowing Your Residents to Deposit Money Directly into Your Account a Good Idea?
Why You Should Not Allow Residents to Deposit Money Directly Into Your Bank Account.
Gino Barbaro
Are We In A Recession? What Are You Doing To Be Prepared!
Hi EveryoneI ran across an article from Grant Cardone, Mr. 10X. I think you should all read it. Let's be prepared this time for the downturn.https://www.entrepreneur.com/article/273598Do you think we are in a recess...
John M.
Where to invest -- Good areas/Bad areas
It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
Michael Swan
RE MAKES LOWLY PAID TEACHER MULTIMILLIONAIRE!!!
I realized in February of 2011 that my ladder was leaning against the wrong financial building. Sooooo, I started to use my savings, refinancing my personal home, and taking out my IRA’s and 401K money through the cou...