John Thedford
25K Note For Sale: What Would A Typical Offer Be
Hello all:
I have a man holding a note he wishes to sell. It has a face value of 25K at 6% for five years. The payments are about $480 per month and they have made six payments. Note holder wants 21K for the note...
Alex Wise
Save Cash or Invest?
What do you recommend for short term savings? I’ve been a bit timid with purchasing my first investment property. Analysis paralysis makes me hesitant at this time with interest rates what they are and anticipating a ...
Joe S.
Tenant killed three spiders in the house.🤨
We rented a property by way of a property manager. The tenant has been nitpicking from day one. They’ve sent in all kinds of maintenance request which many of them seem to be petty and bogus. For example they sent a m...
Burke B.
Reasonable Property Management Fee Structure?
I have a question for any members that have a good amount of experience with property managers. I apologize for the length of the post.
I currently own a property in another state and have a property manager who man...
Brian Adams
From Buying a Duplex to Closing a HUGE Deal – 556 Unit Apartment
Some background and to set the stage before I dive into this deal, I have shared my story on BP how I quit my CPA job to purchase large apartment complexes, here is a link:I quit my CPA Job to buy Large Apartment Buil...
Tj M.
How do you like having paid off rentals?
I know people have different opinions on paying off rentals but for those who have how do you like it? Did it allow you to buy more properties faster,did you pay for the next property with cash or did you end up takin...
Andrew Postell
CASH FLOW: Why you have been analyzing your deals all wrong.
This might be my most controversial post ever…that is, until you see what I have to say.
And what I’m talking about is cash flow – and you’ve been lied to about it. Ok, maybe not LIED about it. But it has been GROSS...
Matt McLeod
Rookie crunching data for possible 1st buy
Hey all. My wife and I are considering making an offer on the following SFH:
3/1 with 1340sq.ft listed at $64,900. Built in 1954. Its an estate sale by the only child of the deceased homeowner. Vacant for...
Stephen Rinaldi
Buyers need to understand the mistake in "waiting for rates to drop"
The reason why this industry brings some of the best and brightest is that is so dynamic, no changes in the market are in a vacuum. Clients that are expecting rates to slip, a sentiment that I agree with, are missing...
Ron Thomas
House prices will never outpace inflation over time, its impossible.
Let me start by qualifying the title of this post with a couple statements. First, I’m not talking about your neighborhood specifically, although given a long enough period the title is likely to be very close to app...