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When I scroll through this forum I see lots of stories about the first deal or the tenth. The profit on this deal, the addition of a new unit. Turning a bad deal into a good one. Those are often wonderful stories and ...
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Hello,
I read lot of information on this site and learned a lot as well, thanks for sharing the knowledge.
I have a situation on my rental property, I rented my property with refrigerator (Tenant got their own W/D) t...
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This is now 3 times I have accepted cash for either security deposit or rent and have gotten burned. I'm sticking to money orders!!! $300 in counterfeit bills - the bank took it - photocopied it so I could have a co...
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Warning this is long!So I will start by saying most of this was brought on by me not making sure my realtor set specifics in our contract. But this has been the worst closing of my young investing career. I have a f...
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I have been presented with an opportunity to buy an in vestment portfolio contains 4 separate apartment complexes in Central California totaling an asking price of 7.19 million. This is a mom and pop portfolio and th...
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Hi folks,
We had a tenant who was back on his rent during the 2009-2011 economic downturn. We had them evicted, with a payment plan for rent owed. To cut a long story short, our attorney (to our surprise) pe...
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How can an accredited investor find syndication deals? Is it better to use a crowdfunding site (e.g. Crowdstreet, Fundrise)?
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Hey everyone!So I'm going to be meeting with a real estate agent to help me find some deals.. Since I need to give her some criteria for what I am looking for here is my list:$70,000 Rental PropertyClean/Really good c...
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Hi all,In the process of purchasing my first rental property. I have my tenant lined up already. Was wondering if I create the lease or pay a lawyer to write my lease? I would much rather avoid the fees of a lawyer an...
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To summarize:I am an investor from Los Angeles. The market here is too high. So I determined that I need to invest out of state.Last year , I researched my market, and determined my submarkets. I determined that I wo...