Cole Meier-Hollenback
Potential STR Management
Hello Everyone! I have a client that is asking me to manage a short term rental for them and i wanted to get some insight from anyone thats managing an STR currently as I have no experience in this field. I am interes...
Kevin Kramer
Should I sue my former contractor?
Hi All,I overpaid a contractor and they have failed to perform on the contracted work. There were red flags but I had worked with this contractor before and did not have issues. I am weighing suing the contractor but ...
Mimi Booker
Paying too much for maintenance & repairs?
I am a new landlord with 1 single family residence in Houston, TX which was built in 2005. I just had some maintenance & repairs done to the house:- $220 to replace A/C drain pan and overflow plug.- $85 for a "S...
Tom Gillotti
New build, problem with home builder
We purchased a single family home last year in Abilene, Texas (small town) and had a lot of problems with the builders and sub-contractors. So much so that I wrote a lengthy review of our experience and created a webs...
Mike Moreken
Got my first rental tenant
Got my first tenant. He was in a rush to get away from living with a alcoholic brother. He is soon gaining peace of mind.:) broke over a half dozen clauses in my lease currently by moving in. This is low income ar...
Jimmy Chou
What happens when seller signs multiple contracts? Is that fraud?
Hi Everyone,I got a 1BD/1BA condo in Downers Grove, Illinois under contract for 15K on 11/4/2015. I put inspection deadline on the 18th and closing date of 25th. (Yippee! My first deal) A few days after the contract w...
Justin Butler
Buying under market value
I've been reading many posts the past couple weeks and notice that the majority of you buy residential properties at .60, .70 cents to the dollar, etc. on properties that aren't even listed on MLS....
Now, I underst...
Charlie Moore
Situation! Please speak on it!!!!!
Hi guys! I hope this forum can help me out again. As I build my investment portfolio, I keep learning. I keep going thru the good and the bad.Situation: I hired a marketing manager, just part time. Great kid. College ...
Account Closed
Why pay for insurance?
I've been dealing with insurance companies and am convinced this is the biggest scam in the world. Every year the premiums go up and if you have the audacity to ever make a claim, they raise your rates and try to p...
Elizabeth Schartman
Tenant evicted, $2k damages + had criminal background...now what?
Curious for thoughts on what went wrong...thank you for your insights! My tenant stopped paying rent and had to be evicted. While I'm thrilled this person is out, I'm out 3 months rent, plus legal fees and now about...