Frank S.
Are Rent Rates Plateauing or Slowing Down?
I have several SFHs (all are 3/3, double car garage, single story, B+ to A) that historically have rented quickly. However, I am beginning to experience longer days to rent than usual. I monitor and analyze other si...
Mark Burke
Rehab / Construction materials shortages?
Hi every one - I am presently invested in SW Florida where I own five rental SFHs, and have recently bought two lots and contemplated building on them. I was told by my broker that there are supply problems resulting...
Kevin Kent
REO sell cancelling contract
I’m currently under contract on an REO property here in Chicago. After the inspection I was made aware of significant mold issues as well as some foundation and rat issues that were not obvious when we made our offer...
Baris Yuksel
City of Chicago Task Force Demands, 2 layers of drywall
Nine months ago I purchased a 7 unit property in Bronzeville that was in housing court for several issues. Prior owner had chosen to fight back the City via lawyers and for years had been putting just band aids using ...
Kevin Kim
is Joshua tree good place for both STR and LTR?
Hi,Today, I saw there are many listings in Joshua tree, Twentynine palms, yucca valley, etc.I know real-estate market is slow. However if they do good STR business, then there is no reason for them to sell their house...
Mark Bondurant
Buying a property on verge of foreclosure
I'm wanting to put an offer in on an on-frame modular in North Carolina. The owner has missed mortgage payments for about 3 mos. If I move fast, shorten due diligence and pay cash to close in say 3 weeks, can the bank...
Denise Pauzano
Need advice: Frustrated but don’t want to give up
Bought a duplex last year in what we thought was an up and coming area. Assessed at purchase price. After tenants moved out, we are now struggling with vacancy for almost 6 months. Renovating but not getting the right...
Huck Nguyen
Are no tenants a dangerous sign?
I found a great multiplex (fourplex) in an upcoming area. It has value added potential as I can 2 more doors. However, it currently has no tenants. Is that a dangerous sign?
Ryan White
Midterm Rental Demand
I wanted to get everyone's opinion and experience with midterm rental demand. I have spoke with several realtors in different markets. Some of the agents I have spoke with tell me MDT demand has slowed down and hospit...
Andy Borses
Low Inventory and High Demand
I am doing the BRRR strategy and I'm finding it difficult to find good deals in several states because of Low Inventory and High Demand. When I run the comps from 6 months to a year ago I'm finding that the ARV is les...