Account Closed
Dug Myself Into a Hole
Houston, TX. I decided to jump in and buy a house and now I feel like I have backed myself into a corner. I bought a single family house with a detached apartment for $250,000. I'm living in the apartment and renting ...
Julie Marquez
Military Tenant Going on Deployment
So I understand that a tenant has the right to break a lease with military orders, but our rental agreements are M2M with this move-in fee caveat.For example: Rent $1650. Refundable deposit $825. Non Refundable Move I...
Richard Dunlop
DETROIT and MICHIGAN (#1 Defender answers questions)
Account Closed I Live in Detroit. I proudly live in Detroit. But for the past couple of threads about my fine city I’ve stayed silent to see which direction it would go; but I’m back to answer any questions you may ha...
Alexander Roeschmann
Housing Market Crash?
Possible Housing Market Crash based on Pending Home SalesUp to this day the US housing market has not been affected by Covid19, but now a lot of potential buyers decide against buying new houses as they a re afraid of...
Jay C.
Are Realtors days numbered?
I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
Benjamin Cowles
Would you hire a guy with one leg to do your cabinets?
He seems to know his stuff, has worked on boats all his life, was able to lay out for me in detail a couple options to redo my kitchen and bath cabinets for $12/hr and he'd use me or someone for grunt work. He lives o...
Da Deep
Buying FSBO Short Sale Without Agents
Hello All. I could really use some help here. There's a FSBO house that I'm interested in buying as my primary residence. The home owner can't keep up with payments and has left me voicemail saying that the lender/ban...
Ellie Perlman
Why Do Investors Keep Overpaying On Properties?
Overbidding is the opposite of being a conservative investor. It happens when you buy above the market rate, compared to similar properties in the same general area. Another telltale sign of overbidding is when you pu...
Steven Smith
Purchasing A 4 Unit Property With Negative Cash Flow. Bad Idea?
Hello Everyone. I'm in the process of closing on a 4 unit building in CA in which I will live in one of the units. I will be raising rents about 8% since the current owner hasn't raised rents in a long time. Even if I...
Marisa R.
Detroit the Come Back Kid
Hi AllJust thought I would share one of my recent deals.Been playing in the Atlanta market since 2011, its been very kind, an amazing ride as the market has continued to soar. In fact very low inventory, surprise surp...