Reese Newell
Software to Encompass all tasks
I currently own 2 rentals and am always conscious of the scalability. My cleaners have been missing a few small things as of late, and it seems to be sucking up some time and energy. My initial solution was a checkl...
John K.
broken furnance: depreciation vs repairs
So I received a call in the middle of the night a few months back, and the furnace was out and it was -20 outside so a true panic call. I had to replace the draft motor in it, for about $1200 (middle of the night ...
Scott Kirkpatrick
Buyer protection against Seller default on mortgage, land contrat
A friend of mine came to me for some unprofessional [not paid] advice recently. I'm doing what I can to help her out. Still, I'm pretty new at this stuff. While researching her situation I came across BP. Read a few...
Scott Kimminau
Responsible for tenants daughter slipping on porch with ice
I’ve had 8 properties for close to 10 years and never had an issue so probably lucky maybe. I just received a letter from an attorney in the mail that there was an incident at one of my rental properties where the ten...
Kelly Elterman
Cash flow vs. Appreciation
Starting out in the San Antonio market and having difficulty finding SFHs that cash flow well. Is this a function of the current market? Should I look elsewhere? Or are most investors still investing here despite poor...
Ariel G.
20-30% Rule
Hi Brandon and everyone.Regarding "The Ultimate Begginer Guide to REI"' 30% rule , or Brandon's "7 years to 7 figure wealth" plan proposal of a 20% discount offer, what do you think according to your experience:1. Wh...
Barbara Hutsell
investment property (ours) foreclosure
I'm new so maybe you just need to point me somewhere, but here's my question: How do you get the Lender to take the Property!! It's been 20 months since our previous renters left it needing extensive cosmetic repair...
Bob Ewoldt
Buying real estate without debt...
All, I'm new to real estate investing, but I'm good with numbers (I am an accountant). Here's my newbie question...
I listen to Dave Ramsey regularly (and I see that there are several on here that do as well...
Kim Hopkins
Mathematical Connection Between Debt Terms & Cash on Cash Return
After over a decade of doing this, I still don't understand how the debt terms directly affect the Cash on Cash return of a deal. For simplicity, define CAP Rate (:= NOI/Purchase Price) and COC (:= Cash Flow/Total Cas...
William C.
How to deal with petty tenant requests...
Do any seasoned landlords out there have any advice on how they’d handle this situation? Truth is, I hear from these tenants about once a month or so, maybe less, for stuff like this. With 1 or 2 properties, stuff l...