Daniel Ben-Hur
Buying a home every 2 years, renting the previous home out, and repeating, good idea?
My and my soon to be wife both graduated college at the same time and we make a combined $150k/year ($75k each) We are still living at home with our parents to save money, and we want to build wealth in real estate. W...
Harry Williams
How often do you reconcile and record expenses?
Do record expenses and organize receipts as they come in, at the end of the week or month? Currently, I am doing them in excel as they come in but this proves to eat up a lot of time, sporadically throughout the day.
Padma Mody
Tenant called the Police
I bought house in Sept 2014 and it was rented with month to month lease with section 8. During November, Section 8 did yearly inspection and find out that HVAC is not working properly. We hire the HVAC guy and ask him...
Andy M.
I made $187,861 NET profit on this flip!
I've been a real estate investor for about 12 years now and I've been involved in a lot of flips. I don't do upper end houses, mostly just starter home stuff. I know that there are people who frequently make 100k + on...
Daniel E.
Borrower Fighting Foreclosure: Part 2 - Mediation Request
Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...
Travis M.
First deal with 150-250k
Hi guys, I am looking to make my first investment but I am overseas, ive been working and saving everything I have so I can have some freedom to do what I want when I get back to the US. I have between 150-250k to sp...
Matthew Drouin
Using your self directed IRA to buy real estate is stupid!
*** Disclaimer: I am not an accountant, lawyer, or financial advisor! You should consult with a qualified professional before acting on any of the opinions shared in this post!!! ***Self directed IRAs have become ver...
Gunnar F.
Neighbor Purportedly Suing Me for Tenant's Barking Dog/Parties
The neighbor who lives next to my rental home has threatened to sue me because he alleges my tenant has not responded adequately to his requests that she quiet or remove her barking dog. He also complains that she hol...
Nathan Killebrew
How to handle friends not on the same path as you.
Hi, I am a college student who is crazy about learning real estate and anything else pertaining to financial freedom. As I have been on this journey I have become more and more secluded from my friends. I feel as if...
Ethan S.
What kind of car would you suggest to buy? What do you drive? Why
I was wondering what kind of vehicles most investors drive. Considering that cars are typically the second most expensive things people own. Are you motivated by the fuel economy/MPG? The appearance/style? The brand/r...