Timothy W.
Things I like about Obama
In an effort to be real, honest and fair, I will admit I can think of 3 key things I like about Obama.
1. Credit card reform legislation. This was smart and is, for reasons I don't understand, an underplayed bipart...
Yu Chen
tenant paying 1 year rent in full, good or bad?
Hey everyone,I just recently bought a rehabbed property in KS, MO. my PM just informed me that someone is interested in renting the property. This individual just hit a jackpot and wants to pay the one year rent upfro...
Tim Czarkowski
Purchase an HOA Lien?(On purpose this time)
I had someone bring up an interesting business plan after my recent trouble with purchasing a HOA lien that was thought to be a first mortgage. The idea would be to purchase HOA Liens and then rent the property out ti...
Emily M.
If you could buy in any market, where would you buy?
The topic says it all: say you could invest in residential (multifamily, with maybe a few house flips here and there) up to 500k. Where would you go? I'm sick of Chicago's property tax hikes. Looking for markets that ...
Account Closed
Where is best area of country to buy income properties?
Hello, I live in NY but open to any area of the country. What is the best area to invest 100k in capital in income producing properties? I know this is a open ended question, but where do you see the best returns?
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Brandon Turner
One of my units got destroyed last night in a flood. What do I do now?
yep, about a foot of water in my basement apartment in my triplex. Called the flood insurance company, but my deductible is fairly high ($5k) so I'm looking to still do this cleanup on the cheap. Anybody have any good...
Jay B.
Chicago tenants refusing to answer messages about rent payments??
So I haven't heard from my tenants in 1 month. I'm a long distance real estate investor and my PM company has called, texted, e-mailed, sent out smoke signals but tenants are still refusing to answer. They initially s...
Sid Naik
Bay Area Rents collapsing
My tenant decided to move out from my rivermark condo in santa clara . I used to easily find tenants for $2700 ( 1 bed , 1 bath) . However its been 2 weeks and inspite of me lowering rents to $2350 I am not even getti...
Robert Coomer
Apartment Building Question
Hey Everyone,
I just found an apartment building for sale at what I think is a great price, but I would like a second opinion. Here is the information:
List Price: $345,000
Units: 16, All 2BR 1BA
Rent Price: $600 per...
Michelle Cohen
Property Management Woes
I own a triplex in Cleveland, and it's my first investment property. We closed mid-January. I posted before about our terrible property management company. That was in March. In May, it was acquired by another well-kn...