Porter Rappleye
Why is REI better than investing in the stock market?
Hello Everyone!
I'm trying to convince my finance/MBA friend why REI is a better business decision than investing in the stock market and I'm not sure he's convinced. What is the best article on BP you've re...
Jayme Jahns
Buying house with a possible break even or negative CF
Hello, I am looking at one of the last options in my price range of a duplex in Auburn, WA. List price is 235,000. But rents are only 1390 a month. We are shooting for offering 215 and counting on raising rents to at ...
Norman Perkins
Hard Money Loans with down payment requirement?
I was recently searching for a hard money lender in Florida and came across a company that requires a 10% down payment. I have in the past dealt with hard money lenders and never heard of a down payment requirement...
Daria B.
Investor Friendly Realtor-what does this really mean?
So far I've been working with an agent that has, to my knowledge, never worked with an investor. Over the past two years though I've bought 2 properties with her help. She pulled comps and we talked about what rent ca...
Nathan Gesner
Why is unpaid rent so high?
I've read news reports that say up to 20% of rent has gone unpaid in the last couple of months. I manage 350 units and all but one has paid (we extended grace far longer than normal but now we're in the process of evi...
Adam Bartomeo
Who is more unethical Realtors or used car salesmen?
I know this will ruffle a few feathers but it is a fair question. I have met and had hundreds of interactions with realtors and I am never surprised at the new lows that some of them can reach. I was also a manager at...
Jack B.
Found a property in LV but worried about peak
This house barely cash flows. I worry about it being near the peak especially in LV due to the looming recession. With 85k involved in closing, it isn't an ideal time to buy if the market turns against me and I can bu...
Andrew McGuire
I'm Buying Negative Equity Properties and I'm Excited About It
I purchased 1 and UC for 2 properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...
Account Closed
Landlords, Realtors, Sellers. Would you condone this?
I am not the first person that has mentioned being baffled by what people will post on the internet with their name attached. Here is what an investor posted"I contacted my Realtor and he contacted the seller's Realt...
Travis Raila
Out of state investors - what market did you choose and why?
I've been talking to a few people about this recently, but I would love to poll a larger group.For those of you who have invested out of state - which market did you decide to invest in, and why did you choose that ma...