Erik W.
BRRRR - How do you guys eat?
This question is for the folks who Buy cheap, Rehab fully, Rent, Refi, and Repeat (BRRRR strategy). I want to know how you make it work. Here's an example of what I'm talking about:Purchase price: $10,000Rehab (everyt...
Michael J Scanlon
Fiduciary responsibility when wholesaling
I have someone who is a family friend who has had their father pass away. They want to get rid of his condo ASAP. They don’t want the trouble.I am an agent (but a newer one) and can list the place but they would also ...
Gabe G.
Repairs, where do you draw the line?
I am sure everybody has encountered the nit picky tenant. They may be a good paying tenant, but they annoy you to death with every little thing wrong in the home.Obviously I pride myself on getting real repairs, repai...
Michael Goldsmith
Are Zestimates as Inaccurate as We're Being Told They Are?
One of the first things I learned when I started studying REI, was that the estimates on realty sites like Zillow, etc. were wildly inaccurate. But are they, really? And even so, does it really matter? Let's go ove...
Jacoby Atako
Can I convert a regular tenant to section 8?
So I am in the process of purchasing a home at a big discount to an elderly lady. Part of the agreement I made with her was to lease the house back to her at an extremely reduced price from normal rents. She's 80 year...
Leon Green
Property Management Fees: Conflict of interest?
As a property manager I'm familiar with many trends in fees/revenue generating practices that property managers charge. Some of these practices do not align the property manager and property owner's interest. For exam...
Michinori Kaneko
what's your property management fee?
Hi All, I'm curious what kind of property management fees everyone is getting. can you let me know 1) where you invest, 2) how many properties you have (and approximate combined gross rent if possible), 3) what your m...
Kevin Lefeuvre
VRBO prohibits contacting guests before booking
Bad news announced today. The new release is removing the ability to contact guests by hiding their emails and phone numbers and filtering them in the messaging.Given the fact VRBO is awful in vetting the guests, this...
Julie S.
Emotional Support Animal/Tenants
I just finished cleaning out a property that was damaged because of pets. Now I put a stiff penalty in the lease for bringing unauthorized animals on or into the property. Tenants signed lease Feb 1st. Now, 6 weeks...
Josh Calcanis
Life Insurance as Financing?
BP,I was speaking with a friend of mine who recently began working for a financial group. She mentioned that she had a few clients that had use their overfunded life insurance policy as financing for a deal. Basically...