Buck Dabill
Confusing question on home equity...
I have purchased 6 properties in the last few years and held them as long term rentals. I purchase the properties and fix them up using a line of credit and then refinance them paying off the credit line. I bought a p...
Meng Chen
Would you delegate turnover showing to an agent for a fee?
Hi MKE self-managing landlords, I'm wondering about your opinions on having the ability to delegate rental turnover showings or repair coordinations on-demand to a real estate agent for a fee?My name is Meng, and I'm ...
Robb Silverstein
help with first ATL Purchase/STR
Hello . I am looking at getting a condo or maybe a house. Likely STR but open to just having long term as well. Budget is around 200-250K. Since I am out of state I am really looking for some "boots on the ground" t...
Assaf Furman
Creative JV; one side wants cash flow, the other equity
A colleague of mine has a small portfolio of rentals on the lower end, where his goal is to accumulate some more and finance them with a 15 yr mortgage so that by the time he retires he'll have them all free and clear...
Nik Moushon
Potential Tenant with future court date
A quick disclaimer, this potential tenant, we'll call Rose, has other issues with her application that will cause me to not accept her but i'm posing this question to gain some knowledge and opinion. She toured the ho...
Allen Maris
Tenant Renovation?
Hi Everyone,Wanted to get some expert opinions.I just purchased a SFR in Fresno (Clovis actually) with the fix and lease option route. Someone's interested in taking it as is and doing the renovations themselves.That...
Luke Edward
TRYING TO PURCHASE MY FIRST MOBILE HOME RENTAL PROPERTY! HELP!
I am finally at the point where I have enough capital to purchase a used mobile home. My intentions are to purchase the MH and then spend a couple thousand in renovations (if needed) after the renovations are complete...
Alex Hoskin
Hey there! Ney guy from NY's Capital Region
Hi everyone, I've been listening to the podcast and lurking on the sight for a while now and finally decided to introduce myself! I'm Alex, I'm from the Capital Region of NY, near Schenectady, I'm a car business guy t...
Stephen Beaudoin
Worcester MA, First Failed Flip
Unfortunately, my first 'Deal Diary' post is a failure, but still better than a loss.Having received a lead from Craigslist, I followed-up and made an offer which was accepted. The deal was for 120k with an ARV pushin...
Allan C.
Why you need reserves
Sharing an example of where reserves come handy. A few weeks ago my rental property experienced a power surge that fried over half of the major appliances (HVAC, range, DW, etc) in every unit. Repair costs are ranging...